In Miami-Dade, the seasonally adjusted unemployment inched up in January, but for more encouraging reasons. More peopled were listed as employed, but the jobless rate climbed because more people joined the workforce -- generally a sign of optimism that hiring conditions have improved.
April 3rd , 2012, Key West, Florida Keys. Per Fred Mullins, Key West’s top producing Realtor. “It is great to see that our unemployment rate is as good as it is.
When asked to elaborate, Fred further remarked, “It demonstrates that our economy here is strong and that we are in fact attracting companies which in turn creates jobs.
When asked if this could affect Real Estate sales, Fred stated, more available jobs means more people who have to live somewhere. So it’s ends up with them either buying or renting, which also works for our investors that buy second homes to rent them out.
Basically, this demonstrates how the Florida Keys and Key West is a very unique place that lives by it’s own rules as far as the economy and especially Real Estate goes.
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Fred Mullins has more than 15 years of cross functional experience in real estate, international asset management and construction management. He has been a part of the management team for several Fortune 100 companies, including AT&T, Visa, FPL and C. B. Richard Ellis. His responsibilities have included real estate / property management portfolios of more than 9 million square ft. and international responsibilities in more than 10 countries.
Fred holds an MBA, B.S., real estate license, mortgage broker’s license, USCG Master Captains license and commercial pilot’s license.