Real Estate & Mortgage

Best places for jobs

Top Jobs because of Real Estate?

San Jose moved from 91 to 14 in 2006. San Francisco is down from 86 to 31. Washington DC actually fell from 5 to 32. Raleigh  remained among the five best in the job growth category.  Phoenix reigned at No. 1, largely because of housing development. Given the recent housing bust, it will most certainly be dethroned in that category. The same goes for Florida-Orlando, Sarasota, Tampa and Fort Lauderdale is predicted to go down for 2007 becasue of real estate.

The List:

1. Salt Lake City
2. Raleigh NC
3. Phoenix
4. Jacksonville
5. Orlando
6. Tulsa
7. Austin
8. Albuquerque, N.M
9. Wichita, Kan
10. Oklahoma City

Mortgage MArket:What Me Worry?

The majority of mortgage products have been unaffected by troubles in the subprime segment. Interest rates for 30-year, fixed-rated loans remain in the low 6 percent range for people with reasonably good, though not necessarily perfect, credit records, according Kenneth R. Harney, managing director of the National Real Estate Development Center and syndicated columnist.