When I think of April, I think of Spring, Easter, warm weather, pretty much anything but new homes.  The housing industry thinks new homes are worthy of their own month for a couple of good reasons.  There is a huge link between new home building and the health of the US economy.  Historically, 17% of the Gross Domestic Product is tied to the new jobs and income, purchase of goods and services, and revenue for local governments generated by new residential construction.  The employment effects are 50% in construction and 50% in other industries.  The income earned is spent and recycled in the local economy.  The bottom line is new homes strengthen the economy year round.  I guess they can have April too.

Read more on the impact of new housing on the economy here:  http://rismedia.com/2011-04-06/new-homes-strengthen-economy-year-round/

Marc

Marc Austin Highfill
Exit First Realty
Office:  804-527-3948
Cell:  804-840-9824
Email:  marc@marcshomes.com
Visit our website to find out more about my 99 Day Guarantee at www.ExitFirstGuarantee.info

I'm always looking for encouragement that the economy is improving.   Since I have a college age son who will be working this summer, this article seems like another indication that things are looking up.  CNN says that there will be more jobs for seasonal workers this summer.  While there will be fierce competition, the hourly positions will pay better than last year.  If there is a need for more workers, there must be more demand for products and services and people must be spending more money.  All sounds good for the economy to me.

Read the article here:  http://money.cnn.com/2011/03/24/pf/summer_jobs_outlook/index.htm?iid=HLM

Marc

Marc Austin Highfill
Exit First Realty
Office:  804-527-3948
Cell:  804-840-9824
Email:  marc@marcshomes.com
Visit our website to find out more about my 99 Day Guarantee at www.ExitFirstGuarantee.info