The Pulse and Perspective

Update 07/03/2025: New Jersey Mansion Tax Shake-Up & Mid-Year Market Momentum


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Big changes are here for New Jersey real estate! In this special 4th of July week episode, Pete D'Angelo breaks down the sweeping update to the NJ Mansion Tax—what it means for sellers, the new tiered rates, and why it’s sparking a last-minute rush to close before the July 10th deadline.

Then, it's halftime for 2025! Pete reviews the major housing trends so far this year: record-high median prices, rising inventory, and signs of softening demand. Plus, hear his projections for the rest of the year, including why moderating rates may boost buying power—and why volatility is far from over.

If you're a seller, buyer, or real estate pro in New Jersey, this is the update you can’t afford to miss.

📈 #RealEstateNews #MortgageRates #HousingMarketUpdate #NewJerseyHomes #MansionTax #FedPolicy #MarketForecast #HomeBuyingTips #Refinance #InterestRates #InventoryUpdate #4thofJuly #ThePulseAndPerspective

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Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]

*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.

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The Pulse and PerspectiveBy Pete D'Angelo