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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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Senator Kristin Corrado Slams Trenton Democrats Over Sudden Mansion Tax Overhaul

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the staff of the Ridgewood blog

TRENTON, NJ — Senator Kristin Corrado (R-40) has strongly criticized Trenton Democrats for fast-tracking major changes to New Jersey’s Mansion Tax with little notice or time for the real estate industry to adjust. The new law (S-4666/A-5804) was introduced on June 23, signed into law by Governor Phil Murphy on June 30, and took effect immediately on July 1, leaving just nine days for compliance.

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