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News
New Jersey becomes fourth state to regulate rent algorithms blamed for inflating prices
1+ mon, 2+ week ago (526+ words) New Jersey has joined a small but growing list of states seeking to crack down on a troubling practice that can drive rents higher. Gov. Mikie Sherrill signed a new law intended to stop landlords from using rent-setting algorithms to…...
NJ tries these five things to make homes affordable; will any work?
2+ mon, 1+ week ago (828+ words) With home prices continuing to surge beyond the paychecks of the middle class, Trenton lawmakers are rolling out dozens of proposals to clear the way to build homes in abandoned office parks and malls, on state land and even in…...
New Jersey got its housing affordability report card. It's not good - AOL
2+ mon, 2+ week ago (480+ words) Report cards tell us a lot about our performance in school, and can indicate what we need to improve upon to earn higher marks. That's no different when you apply a grade to real estate. New Jersey recently received its…...
These 26 New Jersey towns have starter homes worth $1 million or more - AOL
2+ mon, 3+ week ago (284+ words) Do you have $1 million lying around to buy your first home? There are a record 242 U.S. communities where the typical value of a starter home for sale is worth $1 million or more, setting a new bar for entry-level homeownership. This is…...
Newark housing market outpaces cooling New Jersey
4+ mon, 2+ week ago (678+ words) As New Jersey’s statewide housing market shows signs of cooling, one city is bucking the trend entirely. Newark recorded a 7.66% year-over-year increase in median list price for single-family homes as of April 18, while the state median fell 0.79% over the same period,…...
New Jersey’s war on pricing won’t fix our housing crisis | Opinion
4+ mon, 3+ week ago (141+ words) New Jersey lawmakers are right to be concerned about rising housing costs. But two recent proposals — Assemblywoman Yvonne Lopez’s A4872 and state Sen. Brian Stack’s S451 — misdiagnose the problem and... New Jersey’s war on pricing won’t fix our housing crisis | Opinion New…...
$150K over asking isn't enough: NJ real estate agent warns ‘average person’ is being priced out
4+ mon, 3+ week ago (578+ words) FOX Business' Madison Alworth joins ‘The Big Money Show’ to report on New York Governor Kathy Hochul’s proposed NYC second-home tax. Amanda Cruz thought she was playing it safe, as the New Jersey real estate agent recently placed an offer…...