New Jersey Real Estate Transfer Tax Increase Guide (effective July 10, 2025)
According to the New Jersey Fiscal Year 2026 Budget, the Supplemental Fee of the Realty Transfer Fee (RTF) will increase starting July 10, 2025. 🔍 Background on the Realty Transfer Fee (RTF): 📜 History of the Supplemental Fee: ⚠️ Key Change Starting July 10, 2025: ✅ Summary of Changes: Category Before July 10, 2025 After […]
Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect
Buyer’s agent commissions haven’t changed much since new real estate commission rules went into effect in the U.S. on August 17. The average buyer’s agent commission was 2.40% for homes sold in the first quarter. That’s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the […]
The U.S. real estate market is experiencing a downturn.
Recently, major U.S. real estate indicators have been signaling a market downturn. According to the S&P CoreLogic Case-Shiller Home Price Index, released by Dow Jones, home prices rose 3.4% year-over-year. However, this figure fell short of Dow Jones’ forecast of a 4.1% increase and was also lower than the 4% rise recorded in April of […]
