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Caveat Emptor: 20 Housing Markets with Slowing Job Growth


A plunging job market in certain cities means that fewer people are moving to these places, lessoning the need for houses and apartments. That means real estate and rental prices will stagnate until the job market improves.

According to a recent Forbes article, there are twenty cities that are experience slow job growth, led by Newark, Tucson, Anaheim and Knoxville.

If you own properties in these and other slow-growth cities, don’t sweat it too much. Slowdowns are often temporary and recoveries will be the horizon. Just sit tight, relax and wait. There’s really no need to take action.

However, if slow job growth persists, your income will be affected. Keep an eye on job trends and take a conservative approach with your money.

For the full article, click HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion-dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

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