Unemployment Rate Falls to Lowest in Almost a Decade

The tenth of a percentage point decline in the unemployment rate in April pushed it down to 4.4%, the lowest level in almost a decade. In May 2007, it was also 4.4%, and the rate hasn’t been lower than that since May 2001. The rate fell last month because the...

Mortgage Applications Jump Up 5 Percent

Real estate activity is signaling stronger sales ahead as buyers returned to the mortgage market after the holiday hiatus. The improvement is attributed to the number of mortgage applications to purchase a home, which rose 4% for the week and is almost 5% higher than...

CoreLogic Reports US Home Prices Increase 7 Percent

The CoreLogic Home Price Index for March 2017 increased by 7.1% as compared with March 2016. The CoreLogic report also showed home prices increased month-over-month by 1.6% in March 2017 compared with February 2017. The other significant number published in the...

From Jersey Strong to Jersey Resilient

Becoming A Heartland of Home-Grown Businesses Most great business models don’t emerge in a freeze-dried state. They develop progressively.  The Starbucks business didn’t begin in Seattle; it began with Horn & Hardart, a food services company, followed by Chock...