Is the New Jersey housing market headed for a downturn? In this episode of The New Jersey Living Podcast, veteran Coldwell Banker broker Michael Pennisi offers his expert analysis on what homebuyers and sellers can expect in 2025.

Despite 2024 seeing the lowest home sales in 30 years nationwide, New Jersey's market remains resilient due to persistent demand amid limited inventory. Pennisi forecasts interest rates stabilizing between 5-6% in 2025, potentially sparking increased buying activity while also heightening competition.

With millennials driving demand and new construction focused primarily on luxury rentals rather than affordable single-family homes, buyers may benefit from acting sooner rather than later. Meanwhile, sellers should strategically time their market entry and consider cost-effective upgrades to maximize returns in this evolving landscape.

Did you know some of the biggest names in music, film, and sports call New Jersey home? 🤯 Join Corey Jones and Jose Rodriguez on The Garden State Take as they explore NJ’s rich celebrity history and why stars love living here. From A-list neighbors to NJ’s unique real estate appeal, plus Corey and Jose’s fun celebrity encounters—this episode has it all. Don’t miss out! 🎙️✨

Welcome to an unforgettable episode of The New Jersey Living Podcast! Are you considering a move to the Garden State? Whether you’re a local or new to the area, there’s one must-visit destination you’ll want to add to your list—The Chart House!

Join us as we sit down with Hans Nielsen, General Manager of New Jersey's top-rated dining spot, located on the iconic waterfront. Discover why The Chart House is beloved not just by locals but by visitors from all over the state. Hans shares insider insights into what makes this restaurant truly exceptional—from its rich history and rebuilding journey to its breathtaking location and world-class menu.