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Chapman College Report Predicts Slow Job, Housing Growth
Chapman College Report Predicts Slow Job, Housing Growth
at Fidelity National Title Chapman Report Predicts Slow Job, Housing Growth In a nutshell, 26,000 new jobs, 6.8% increase in home values, and 10% rebound in construction spending. Is this accurate? Are you a half empty or half full type of person. Tax hikes and uncertainty of the national debt and ceiling are certainly reasonable concerns. Construction seems likely to make a bigger comeback than that forecast. However, jobs does remain a concern. Rumor on the street is that there are companies out there with cash on the sidelines, and jobs in the pipeline. This column will weigh in with a "half full" vote, that housing will be stronger than last year and the distressed property continuing to be absorbed and outpaced by equity sellers.