By Coldwell Banker Riviera Realty For years, U.S. housing has been stuck in the grip of a phenomenon economists call the mortgage rate lock-in effect. That’s when homeowners who locked in ultra-low pandemic rates – often around 3% – stayed put rather than sell, because moving meant trading inexpensive financing for much higher costs. But […]

What New Jersey’s Proposed ADU Bill Could Mean for Homeowners By Jim Joeriman, General Manager Coldwell Banker Riviera Realty New Jersey’s Legislature is reviewing A2792, a bill that would allow Accessory Dwelling Units (ADUs) on lots currently zoned for single- or two-family homes. As of February 2025, the bill has been introduced, merged with related […]

Should You Wait for Mortgage Rates to Drop? The Simple Truth for Ocean County Buyers Understanding the Impact of Mortgage Rates and Home Prices When mortgage rates are elevated, many potential buyers consider waiting for a better rate before purchasing a home. While this seems like a logical approach, it’s important to compare the cost […]

What New Jersey’s REAL Regulations Could Mean for Homeowners, Buyers, and Sellers New Jersey is preparing for one of the most significant land-use and flood-risk regulatory updates in decades. The proposal is called REAL — short for Resilient Environments and Landscapes — and it comes from the New Jersey Department of Environmental Protection (NJDEP). Although […]