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Affordability

Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Politics
Mikie Sherrill Announces Run For Governor Mikie Sherrill Announces Run For Governor
Mikie Sherrill Announces Run For Governor Rep. Mikie Sherrill, D-NJ, is the latest name to announce she is running for Governor of New Jersey. Sherrill, who was recently re-elected to a fourth term representing New Jersey's 11th Congressional District, declared her candidacy in a video on Monday, Nov. 18. Gov. Phil Murphy is not eligible to run for re-election in 2025 due to term limits. The video, "Build Something," touts her background as a graduate of the United States Naval Academy and serving as a helicopter pilot in the Navy. "In a crisis the worst thing you can do is freeze," Sherrill said. "You have to choose to lead,…

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by Sam Barron
Politics
Rep. Josh Gottheimer Launches Bid For NJ Governor From Popular Bergen County Diner Rep. Josh Gottheimer Launches Bid For NJ Governor From Popular Bergen County Diner
Rep. Josh Gottheimer Launches Bid For NJ Governor From Popular Bergen County Diner Rep. Josh Gottheimer, D-NJ, is officially running for governor. The 49-year-old dad and former speechwriter, who was re-elected to his seat in North Jersey's 5th congressional district in the House of Representatives earlier this month, launched his campaign Friday morning, Nov. 15, from the Runway Diner in South Hackensack. Gov. Phil Murphy is not eligible to run for re-election in 2025 due to term limits. Gottheimer vows to tackle affordability and fight for the values he says define the Garden State, pledging to lower taxes, reduce costs, and help families get ahead. Gottheim…

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by Cecilia Levine
News
NJ Town Ranked Among Top 10 Best Places To Live In America NJ Town Ranked Among Top 10 Best Places To Live In America
NJ Town Ranked Among Top 10 Best Places To Live In America A historic green smack-dab in the middle of town. Transportation to and from the city. Ample job opportunities. Who could ask for anything more? One North Jersey township has been named to Fortune's 2024 list of 50 Best Places to Live for Families. "A great place to live is not one that solely supports a family in the present," the outlet writes, "but one that will serve them for the long term." Fortune said it analyzed more than 2,000 cities across the U.S., and the ones that came out on top scored high for affordability, healthcare, resources for seniors, and more. Morristown, NJ came …

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by Cecilia Levine