Houses for Sale in San Diego- Unemployment inched up in San Diego last month, however local economists are not worried. That’s because unemployment typically rises in July anyway, and the one-tenth of one percent rise is less than in previous Julys. Midsummer unemployment usually spikes due to students entering the workforce, summer time employment and education related transitions.
Neither USD economist Alan Gin nor Point Loma University economist Lynn Reaser think that San Diego is headed back into recession. So far there have been 16,800 jobs created in San Diego County and at this pace 2011 job creation could double last year’s 10,000. “We are still digging our way out of a very deep hole, but we are coming out of it,” Reaser said. “In a couple of years , it looks like we will have regained about half of the job losses.”
It’s a great time to consider buying San Diego homes for sale in the county with interest rates at historic low rates. Contact the expert Realtors at Petrone Properties Real Estate Associates for more information at (858) 259-1000 or at www.PetroneProperties.com.