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Sonya Mays' Blog

By Sonya Mays, MBA | Broker in Milwaukee, WI

Economic and Market Watch Report 2nd Quarter: Milwaukee County

In the second quarter, 3,735 jobs were added to the payrolls of Milwaukee County. As a result of these new jobs, the average monthly unemployment rate fell from 9% during the first quarter to 8.7% for the second quarter. This steady job creation will help buyer confidence and fuel home purchases down the road. Mortgage rates near 5% should support this trend.

For the complete report, visit: http://www.mlswis.com/sites/default/files/reports/EconomicMarketwatch/2011/metromlsq2_2011.pdf 

Source: MLS Multiple Listing Service, Economic and Market Watch Report, 2nd Quarter, 2011

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