Bureau of Labor Statistics News Release on 6/28/12

BLS news release 6/28/12
This is not good economic news. Scroll down to see Durham County.
“The U.S. average weekly wage decreased over the year by 1.7 percent
to $955 in the fourth quarter of 2011. This is one of only five
declines in the history of the series which dates back to 1978.”
If this continues, at some point house prices will be affected.

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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