August 2018

Home Prices, Mortgage Rates, & Millennials

Home prices in Jersey City are holding steady, despite increasing supply.  Demand in most categories remains strong and mortgage rates have dropped slightly in August.  Over the past several weeks we have seen slight declines in mortgage rates, which is improving affordability to some extent and may further increase demand.  The average 30-year fixed-rate mortgage […]

Dwell JC | Aug 27, 2018

Good News — Jersey City’s Tax Rate Less than Expected

The final tax rate of $1.48 per $100 of assessed value was officially certified by the board.  This is good news from many who were expecting 1.62.  The city was under a court order to complete its first revaluation since 1988 and assessed values of some Downtown homes jumped over 200%, hitting 1-4 family homes […]

Dwell JC | Aug 13, 2018

Jersey City Pride: Diversity and Acceptance

Jersey City has become among the most diverse and accepting communities in America. In fact, the Advocate Magazine has ranked Jersey City one of the queerest cities in the nation over other well-known gay-friendly cities such as New York City, San Francisco and Buffalo. Jersey City also got a perfect score on the Human Rights Campaign’s municipal […]

Dwell JC | Aug 1, 2018