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REAL ESTATE JERKY DAILY

Market Update: Jobs Week and the Impact on Real Estate

October 3, 2023 · 16:12

On this episode of "Real Estate Jerky Daily," hosts Mike Kelly and Ed Parcaut dive into the latest job market updates and its impact on the real estate market. The episode kicks off with an introduction and a discussion about the Jolts report, which looks at job openings and labor turnover. The report reveals an increase in job openings, signaling the creation of more jobs in the economy. However, this news has caused some turbulence in the bond market, leading to a rise in interest rates. The hosts address concerns about rising rates and compare the current market to the 2008 financial crisis, emphasizing that the real estate market dynamics

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