Wyoming jobless rates rise,still smallest in the nation
Wyomings seasonally adjusted unemployment rate increased from 3.2 percent in December to 3.7 percent in January, rising a full percentage point from January of last year, but remaining well below the national rate of 7.6 percent. This is bound to affect real estate in Wyoming. real estate for sale in wyoming and everywhere is driven by jobs to be able the qualify for loans.
Wyoming has the nations lowest unemployment rate according to the US Bureau of Labor Statistics. For real estate in Wyoming, as the rate increases, or real estate for sale in wyoming will continue to slow.
The largest increases were in Lincoln County , star valley, up from 3.5 percent in January 2008 to 7 percent in January 2009. This will dramitcally affect real estate in star valley. Real estate in Wyoming is traditionally “affordable” for most people. But as unemployment continues to rise our value in homes for sale in wyoming and land for sale in wyoming will drop.
”Val D. Pendleton is the premier real estate broker in Star Valley Wyoming. Val’s family has a deep and respected heritage going back several generations in the Star Valley area. Specializing in Thayne, Afton, Bedford, Alpine and surrounding communities please visit the Coldwell Banker Country Estates website at http://www.cbcountry.comfor a complete list of inventory offered by Coldwell Banker Country Estates or email us at val@cbcountry.com If we can assist you in any way, feel free to contact us directly 307-883-7000″