Existing Home Sales Fall in December

The National Association of Realtors reported that existing home sales fell by 6.4%, to a seasonally adjusted rate of 4.99 million units in December. This represents the lowest level of home sales since November 2015. Despite the slower number of sales, the price for...

NJ $15 Minimum Wage

Last week Governor Murphy of New Jersey and the legislature agreed to raise the minimum wage to $15 by the year 2024. This places New Jersey alongside of California, New York and Massachusetts as other states which raised the minimum wage to double the Federal minimum...

NY Loses & NJ Gains

Trends to Track – The impact of the recent economic growth has many ramifications, one of which often is reflected in the real estate values throughout each region. In 2017, New York City had 143,000 people move out. This was the first time since 2007 who there...

New Jersey Pinelands Pipeline Construction Starts

The natural gas pipeline has initiated construction in Ocean County. The crews began digging in December, creating a second connection between New Jersey Natural Gas network and the interstate transmission lines. The new pipeline is expected to be operational in 2019....