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- Despite lower home prices and record low mortgage rates, job losses remain a hurdle to home ownership in a large number of markets and have created a pall over consumer confidence in general.
- Atlanta had 24,300 fewer employed persons in June of 2011 versus the same month a year earlier.
- This figure was nearly double that of Philadelphia, the market with the 3rd largest decline in employed workers over this same time period.
- Find more information about employment trends in your market by reading NAR Research’s Local Market Reports for the second quarter of 2011 (log in required).
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