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Update 07/17/2025: NJ Prices Surge as Inflation Bites—What Buyers & Sellers Need to Know Now
New Jersey’s real estate market is defying national trends—again. In this week’s episode of The Pulse and Perspective, host Pete D’Angelo dives into scorching home prices across the state, including a jaw-dropping 31.7% jump in Newark, even as inventory rises. Are these gains sustainable?
We break down the hyper-local dynamics driving unexpected growth in places like Union County and Jersey City, while other areas like Englewood begin to soften. Pete also unpacks the updated New Jersey Mansion Tax rules—and shares a clever negotiation tactic buyers can use right now.
Then we zoom out to the national level: inflation is running hot again, and mortgage rates are climbing in response. Pete explains why the Fed’s interest rate policy may be fueling inflation instead of cooling it—and what this means for buyers, sellers, and agents heading into the heart of summer.
👉 Whether you're in the market or watching from the sidelines, this episode offers the timely perspective you need to stay ahead. #HousingMarket #MortgageRates #NewJerseyRealEstate #InflationWatch #FedRate #HomePrices #RealEstateUpdate #RealtorTips #ShelterInflation #MarketTrends
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
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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By Pete D'AngeloNew Jersey’s real estate market is defying national trends—again. In this week’s episode of The Pulse and Perspective, host Pete D’Angelo dives into scorching home prices across the state, including a jaw-dropping 31.7% jump in Newark, even as inventory rises. Are these gains sustainable?
We break down the hyper-local dynamics driving unexpected growth in places like Union County and Jersey City, while other areas like Englewood begin to soften. Pete also unpacks the updated New Jersey Mansion Tax rules—and shares a clever negotiation tactic buyers can use right now.
Then we zoom out to the national level: inflation is running hot again, and mortgage rates are climbing in response. Pete explains why the Fed’s interest rate policy may be fueling inflation instead of cooling it—and what this means for buyers, sellers, and agents heading into the heart of summer.
👉 Whether you're in the market or watching from the sidelines, this episode offers the timely perspective you need to stay ahead. #HousingMarket #MortgageRates #NewJerseyRealEstate #InflationWatch #FedRate #HomePrices #RealEstateUpdate #RealtorTips #ShelterInflation #MarketTrends
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
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.