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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Americans Are Gaining Confidence in the Economy

Americans Are Gaining Confidence in the Economy | Simplifying The Market

The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on many Americans.

However, the latest Home Purchase Sentiment Index from Fannie Mae shows how more and more Americans believe the worst is behind us, and their personal employment situation is good. The index revealed:

“The percentage of respondents who say they are not concerned about losing their job in the next 12 months increased from 78% to 83%, while the percentage who say they are concerned decreased from 22% to 16%. As a result, the net share of Americans who say they are not concerned about losing their job increased 11 percentage points.”

Americans Are Game-Changers Too

Americans are naturally optimistic and have always responded to challenges with both resiliency and resourcefulness. Today is no different. As an example, the Wall Street Journal (WSJ) just reported:

“Americans are starting new businesses at the fastest rate in more than a decade, according to government data, seizing on pent-up demand and new opportunities after the pandemic shut down and reshaped the economy.”

Why would someone start a business in the middle of an economic crisis? The WSJ explains:

“The jump may be one sign that the pandemic is speeding up ‘creative destruction,’ the concept…to describe how new, innovative businesses often displace older, less-efficient ones, buoying long-term prosperity.”

The WSJ also notes that these new businesses will have a positive impact on the overall employment situation, as new businesses “are a critical engine of job creation. Startups have historically accounted for around one-fifth of job creation.”

Bottom Line

For the millions of Americans still unemployed, we hope for a quick return to the workforce. We should, however, realize that over 90% of people are still employed, and some are venturing into new business start-ups. Perhaps the next big game-changing company is right around the corner.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
72 Lincoln Street St. Augustine FL 32084
New Listing - 3 hours on site
1 / 22
$449,999
2
BEDS
2
TOTAL BATHS
1,029
SQFT
72 Lincoln Street St. Augustine, FL 32084
Single Family Residence For Sale
- Active

Historic Lincolnville home beautifully remodeled. Built in 1912, this home was fully restored in 2018 and is like new. This updated Lincolnville home offers 2 bedrooms, 1.5 bathrooms, the spacious open kitchen has shaker cabinets, blue backsplash, m

Listing courtesy of Carol Bigelow of 1st Florida Realty LLC
614 Landshark Boulevard Daytona Beach FL 32124
New Listing - 17 hours on site
1 / 97
$439,900
2
BEDS
2
TOTAL BATHS
1,563
SQFT
614 Landshark Boulevard Daytona Beach, FL 32124
Single Family Residence For Sale
- Active

Live vibrantly in this upgraded Antigua Villa in Latitude Margaritaville—perfect for those seeking the ability to live their best life now. Enjoy light plank tile flooring, tropical designer paint, and French doors on the den for a flexible guest spa

Listing courtesy of Kelley Sarantis of Bob Hodges and Sons Realty
213 S 26th Street Flagler Beach FL 32136
New Listing - 20 hours on site
1 / 47
$610,000
3
BEDS
2
TOTAL BATHS
1,406
SQFT
213 S 26th Street Flagler Beach, FL 32136
Single Family Residence For Sale
- Active

Welcome to your dream beachside retreat in Flagler Beach! Perfectly situated just one block from the sandy shoreline and one block from the tranquil Intracoastal Waterway, this move-in ready 3 bedroom, 2 bath pool home offers the ultimate Florida lif

Listing courtesy of James Brodick of Realty Pros Assured

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Related posts:

  1. Americans’ Powerful Belief in Homeownership as an Investment
  2. What is the Best Investment for Americans?
  3. American Confidence in Housing at an All-Time High
  4. Strength of the Economy Is Surprising the Experts

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Latest Real Estate Information

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

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Today’s Real Estate Information

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James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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