Save On NJ Property Taxes

by | Jun 16, 2022 | Uncategorized

The average 2021 property tax bill in New Jersey was $9,284, representing a $172 increase over the previous year. And in many of the Garden State’s most affluent communities, property taxes went above the $21,000 threshold, with some homeowners seeing year-over-year...

New Jersey Towns Paying the Most Taxes

by | Jun 15, 2022 | Uncategorized

1. Millburn – a suburban township in Essex County, came in first in the highest average property tax bill of $24,485 in 2021. 2. Demarest – had the highest average property tax bill in Bergen County, paying $21,983 on average. 3. Tenafly – another Bergen County...

Title Insurance Premiums Hit Record $26 Billion

by | Jun 13, 2022 | Uncategorized

Record Premiums in 2021 Title insurance premiums for 2021 skyrocketed to $26.2 billion, representing a 35.9% increase over 2020 premiums. The $19.2 billion generated in 2020 was also one of the biggest years ever. The income for the industry also soared by 33.4%...

Mortgage Apps Hit 22-Year Low

by | Jun 10, 2022 | Uncategorized

  Inflation, inventory, and higher prices are creating a bottleneck for new home buyers to step into this fluid real estate market. According to the Mortgage Bankers Association, mortgage application volume fell for the week of June 3rd by 6.5%, representing the...