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U.S. Bureau of Labor Statistics

Real Estate Insight

Nearly One-Third Of All American Households Are Cost-Burdened

Nearly one-third of all American households are cost-burdened, according to the most recent data from the U.S. Bureau of Labor Statistics, meaning they spend at least 30% of their income on housing costs. NJ is 3rd highest cost-burdened state in the US behind New York & California.

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Real Estate Insight

New Jersey’s Unemployment Rate Fell to a Historic Monthly Low

New Jersey’s unemployment rate fell to a historic monthly low in June to 3.5%, lower than any monthly rate since the U.S. Bureau of Labor Statistics began state-level records in 1976.

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