economy

Worried About Your South Jersey Home's Value? Local Data Tells a Different Story Hearing talk about falling home prices? You might worry your house is losing value. But here's what you really need to know. Some local markets have seen small price dips this year, but home prices are not falling nationally or in most of South Jersey. Don't let those scary headlines fool you. Most South Jersey towns are...

Is Buyer Demand Picking Up in South Jersey? What Sellers Should Know.   The South Jersey housing market feels more energized than it has in years. The numbers back this up clearly. Mortgage rates have dropped almost a full percentage point in 2025. This shift is waking up buyers across Gloucester and Camden counties. Home loan applications have risen. Market activity has picked up. Sellers who list their...

Why More South Jersey Homeowners Are Giving Up Their Low Mortgage Rate If you’re like many South Jersey homeowners, you’ve probably thought: “I’d like to move… but I don’t want to give up my 3% rate.” That’s completely understandable. That low rate has been one of your best financial wins. But here’s what you need to remember. A great rate won’t...

Find the Best Home Deals in South Jersey by Targeting Long-Sitting Listings   Want to know how to find the best deals in today’s South Jersey housing market? Here’s the secret. Focus on homes that have been sitting on the market for a while. When listings linger, sellers get more realistic about prices. They become much more willing to negotiate terms. This is where savvy buyers are finding...

Most Experts Not Worried About Recession in South Jersey   Homebuyers across South Jersey are watching the economy closely. It makes perfect sense. Buying a home ranks as one of life's biggest purchases. Recent recession talk in the news has made many potential buyers question their plans. The latest LendingTree survey found almost 2 in 3 Americans believe a recession is coming. About 74% say economic...

By Mike Lentz | The Mike Lentz Team – Keller Williams Realty Is the South Jersey housing market actually improving for 2026? The South Jersey housing market started moving again in late 2025. Mortgage rates trended down through most of the year. Inventory climbed across Gloucester, Camden, and Burlington counties. Affordability improved as price growth slowed. Two years of buyers waiting on rates and...