Market Updates

Why Past Home Sales Don’t Reflect Today’s Market

2020 was a wild ride in real estate, but today’s New Jersey market is very different. Buyers are pickier, interest rates are higher, and homes don’t sell themselves. If you’re thinking of listing, the key is to focus on today’s market. I can help you price it right, get it ready, and attract serious buyers.

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Housing Affordability Meter

Spring 2025 is bringing slower home price growth—the slowest in over a decade at just 2%. Single-family homes are rising slightly, townhomes dipped, and markets like Florida, Texas, and D.C. are cooling. With more homes available, buyers have options, while sellers need to price smart and stand out.

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NJ wants to DOUBLE the mansion tax on $1M+ homes!

New Jersey’s million-dollar home sales jumped from 6 percent in 2018 to 16 percent today, and could reach 20 percent soon. Now there’s talk of raising the mansion tax to 2 percent for $1M+ homes and 3 percent for $2M+, which has many wondering if it’s fair to charge buyers more simply because prices have risen, even when the homes aren’t true mansions.

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States where most Americans moved to in 2024

People are moving across the U.S., from affordable spots like Arkansas ($285K homes) to pricier markets like Seattle ($740K). Monthly costs and income needs vary, so there’s something for every lifestyle. Click to watch the video on YouTube and read the full info in the caption!

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Thinking about moving to NJ? Here’s the median listing price right now!

If you’re curious about buying a home in New Jersey, you’ve likely come across the term “median listing price.” This is simply the middle price of all homes on the market—not the highest, not the lowest—giving you a clear idea of what buyers typically see. It’s a helpful starting point for anyone thinking about making a move to the Garden State.

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Did the housing market crash during the last 7 recessions?

With all the recession talk going around, let’s clear the air: the housing market isn’t crashing, it’s simply shifting. There still aren’t enough homes for all the buyers out there, and builders have been playing catch-up since 2008. While prices might adjust a bit, that could actually open new opportunities for both buyers and sellers. So don’t stress, just stay informed.

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New Listings Across New Jersey So Far This Year

New Jersey’s housing market is shifting! Single-family home listings are down 5.7% from last year, which means less inventory and more competition for buyers. Meanwhile, townhomes, condos, and 55+ communities are seeing more listings—giving buyers looking for low-maintenance or downsized living extra options. Whether you’re ready to buy or sell, now’s a great time to talk strategy and make a plan that fits your goals.

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How the NAR Settlement Changes Real Estate

The recent NAR settlement is shaking up the real estate industry. This landmark agreement is set to impact how home buyers, sellers, and agents interact and negotiate. But what does this really mean for you?

Listen to my straightforward explanation of this topic to be able to make the best decisions for your real estate journey!

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