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Is the NJ Housing Market Turning? What February 2026 Trends Mean for You

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Mortgage rates have hit a three-year low, but what does that mean for home prices and inventory in your neighborhood? We break down the latest data for North Jersey and beyond

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the staff of the Ridgewood blog

Ridgewood NJ, The February 2026 real estate market is sending mixed signals that have both buyers and sellers paying close attention. While housing inventory growth nationwide continues to stall, a major shift in lending could be the catalyst buyers have been waiting for: mortgage rates dipped below 6% for the first time in over three years.

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U.S. Housing Market Stuck in a Deep Freeze as Mortgage Rates Lock Homeowners In

Ridgewood Real estate

Only 3% Say They’d Sell at 6% or Higher — Here’s Why That Matters

the staff of the Ridgewood blog

Ridgewood NJ, America’s housing market is stuck — and it’s not thawing anytime soon.

According to a recent Bankrate survey, only 3% of U.S. homeowners say they’d be comfortable selling their homes in 2025 if mortgage rates remain at 6% or higher — which they likely will. That reluctance has created a market freeze that’s stifling both supply and demand, pushing existing home sales to their slowest pace in nearly 30 years.

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NJ Real Estate in 2025: What to Expect for Buyers and Sellers

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the staff of the Ridgewood blog

Ridgewood NJ, as we move into 2025, the real estate market is expected to bring stability in mortgage rates, a modest increase in housing inventory, and slower home price growth. Here’s a breakdown of the latest forecasts and expert insights on what homebuyers and sellers can anticipate in the coming year.

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