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The terms are just as important as the price in a real estate agreement.
A record 242 cities have starter homes valued at $1 million or more. The number of cities where a typical starter home is worth $1 million or more has almost tripled since before the pandemic.
Do your homework before going to and participating in a real estate auction. Decide in advance what the maximum allowable price you'll pay for each property you choose to bid on. Auctions encourage impulsive buying behavior. There's always someone dumb enough to pay too much for a property--better to let that person overpay while you live to spend your more wisely another day.
NJ Governor, Mikie Sherrill signed The New Jersey FAIR Act (Forbidding the Algorithmic Inflation of Rent Act, A3497) on July 20, 2026, that prohibits landlords and software companies from using non-public competitor data and pricing algorithms to artificially coordinate and inflate rental housing costs.
Use low-flow toilets to reduce your water bill. Upgrading from an older 3.5-to-5-gallon-per-flush toilet to a high-efficiency model will use less water each time it flushes and can save a typical household around 9,000 gallons of water and up to $90 annually.
Municipalities in NJ will soon have more power to build senior housing and schools based on a New Jersey Supreme Court decision this month that changed the legal framework in place for approving projects.
