Category Archives: Jones on Real Estate

U.S. Employment Performance August 2019

The U.S. added 130,000 net new jobs in August 2019 on a seasonally adjusted basis (preliminary) averaging 172,800 new jobs monthly in the prior 12-months and 158,000 per month year-to-date.   The unemployment rate remained unchanged at 3.7 percent – hovering near a five-decade low. Total U.S. employment is shown in the graph. The unemployment rate …Read more

Apartments Rental Rates and Changes August 2019

Apartment rental rates are keenly important to one-out of every three American households since the latest data from the U.S. Census Bureau shows that 35.9 percent are renters. In 2018 there were an estimated 1.5 million net new household formations but only 1.2 million added dwelling units as demand for housing grew faster than supply.  …Read more

Median Single-Family Home Price Gains Q2 2019

Falling interest rates have, at least for now, taken off some of the pressure of rising home prices in the affordability equation.  The U.S. quarterly existing single-family median home price rose to a record $279,600 in Q2 2019, a 12-month gain of 4.3 percent according to the National Association of Realtors® (NAR). The following table …Read more

Best Paying Six-Figure Jobs in America

It is the time of year when most college students have made their way back to campus and high school students commence the fall semester.  It’s also the time when parents ask in mass what their children should study at college to assure a good future. If the answer is also the best paying jobs, …Read more

State Employment Performance — July 2019

Jobs are everything to an economy.  Period. The following table shows the percentage change in jobs in the 12-months ending July 2019 as reported by the U.S. Bureau of Labor Statistics.  These represent all total, non-farm jobs on a seasonally adjusted basis for all 50 states plus the District of Columbia.  Just one state reported …Read more