Orange County’s unemployment rate broken down by city gives Foothill Ranch the top position of best in the county at 2.7%. In a county that averages 8.6%
http://www.ocmetro.com/t-Wide_range_among_cities_in_Orange_County_jobless_rates_7_7_09.aspx
Why this number is so low is explained in the article above. The unemployment rate is key economic factor when looking at real estate trends. Low unemployment is good for real estate. It is bad that the county is at a record high 8.6% but the low unemployment in several Orange County cities is a positive signal. Do you think it will lead to a stronger real estate market?
