Meredith Murphy, Foundation Title

Meredith Murphy, Foundation Title NJ Title Company | Residential & Commercial Closings | Serving All of New Jersey

Your Sunday morning NJ market snapshot. This week's headline comes from Realtor.com: "The Game Is Over," describing how ...
08/30/2026

Your Sunday morning NJ market snapshot. This week's headline comes from Realtor.com: "The Game Is Over," describing how sellers nationwide are finally facing reality and pricing more competitively after a slow year.

New Jersey tells a different story. Statewide, 48.3% of homes are still selling above list price, and only 12.8% saw a price cut — barely up from a year ago. The average sale-to-list ratio remains at 101.2%, and the median time on market is just 41 days, down 3 days year over year.

Nationally, sellers are adjusting to meet buyers. Here in NJ, pricing power is still firmly in their hands. Whatever your Sunday showings bring this week, Foundation Title is ready when your deal is.

Kicking off our new Focus Friday series! Each week we'll spotlight something worth knowing in the NJ real estate world —...
08/28/2026

Kicking off our new Focus Friday series!

Each week we'll spotlight something worth knowing in the NJ real estate world — starting with a county deep-dive.

This week: Morris County.

The average home value sits at $696,000, up 4.4% year over year, with homes going to pending in just 13 days on average.

In a market moving this fast, title can't be an afterthought — ordering the search the moment you're under contract is the only way to keep a 13-day timeline realistic.

That's exactly the kind of pace we're built for.

08/27/2026

"Wait, who pays for that?" — one of the most common closing-day questions. Here's the New Jersey default:

Sellers typically cover: the realty transfer fee, their own attorney. Buyers typically cover: their own attorney, the lender's title policy, recording fees.

One recent change worth knowing: buyers no longer pay the Mansion Tax on sales over $1 million — that shifted to sellers last year.

Owner's title insurance is negotiable and often paid by the buyer, purely for their own protection. And remember — none of this is fixed.

Contracts can shift who pays what. Knowing the default just means nobody's caught off guard.

(Educational only — not legal or tax advice.)

Foundation Title serves all of New Jersey.

DM Us — Let's Partner Up

Redfin has officially named Northern New Jersey one of the 🔥hottest housing markets in the country for 2026, driven larg...
08/26/2026

Redfin has officially named Northern New Jersey one of the 🔥hottest housing markets in the country for 2026, driven largely by return-to-office mandates pulling buyers back toward NYC proximity.

In Bergen County specifically, the 🏠single-family median price has climbed to $880,000, an 📈11.6% increase. Worth bringing into your next CMA or listing conversation if you're working that area.

08/25/2026

Every real estate deal produces a document almost nobody reads: the title commitment. 📄

Think of it as a promise on paper. It says: here's what our search found, and here's what we'll insure once these specific items get cleared before closing. It's not the policy itself — it's the roadmap to the policy. Liens, easements, and open issues all show up here first, while there's still time to fix them.

Agents, encourage your buyers to actually read it. It's short, and it matters more than they think.

Foundation Title serves all of New Jersey.

DM Us — Let's Partner Up

🤔 A simple resource to share with your buyers before their next closing: the final walkthrough checklist. Have them test...
08/24/2026

🤔 A simple resource to share with your buyers before their next closing: the final walkthrough checklist.

Have them test 🚰 every faucet, 🔌 outlet, and 💡light switch, confirm any agreed-upon repairs were actually completed, check for new damage since the inspection, and verify all keys, garage remotes, and manuals are present.

It takes ⌛20 minutes and can save a major headache down the road — feel free to forward this along to your clients.

A Saddle River estate just made local real estate history — selling for $855,000 over its asking price in under a week.L...
08/23/2026

A Saddle River estate just made local real estate history — selling for $855,000 over its asking price in under a week.

Listed at $3.895 million, the 5,700-square-foot property drew seven offers and went under contract in just six days, ultimately closing at $4.75 million — 22% over ask and the highest price per square foot ever paid for a non-new-construction home in Saddle River. For context, homes priced over $3 million in that town typically sit on the market for 100+ days.

Deals like this move fast, and on a multi-acre estate with a long ownership history, that's exactly when a thorough title search matters most — boundary lines, easements, and old liens all take extra scrutiny on a property like this.

When the stakes are this high, your title company can't be the thing that slows you down or the thing that gets missed. If you're working on a luxury transaction and want a title partner who moves at the speed of the deal, let's connect.

A New Jersey agent recently described losing a bidding war after offering $150,000 over asking — and not even being clos...
08/20/2026

A New Jersey agent recently described losing a bidding war after offering $150,000 over asking — and not even being close to the winning bid.

It's a real snapshot of what's happening across NJ suburbs right now as buyers continue leaving NYC and Hoboken for towns further out.

If you're working with buyers in this market, setting realistic expectations early can save a lot of frustration later.

Newark's real estate market is officially the most competitive in the nation. According to Redfin's spring report, Newar...
08/19/2026

Newark's real estate market is officially the most competitive in the nation. According to Redfin's spring report, Newark recorded a 6.7% year-over-year price jump — the steepest increase of any of the 100 largest U.S. metros. Nearly three in five homes there are selling above asking price.

Whether you're a buyer trying to compete or a seller wondering what your home is really worth right now, I'm here to help you navigate this fast-moving market.

Here's a stat worth sharing with your seller clients 👇 While nearly 80% of major U.S. housing markets have shifted in bu...
08/18/2026

Here's a stat worth sharing with your seller clients 👇 While nearly 80% of major U.S. housing markets have shifted in buyers' favor, New Jersey is one of the few exceptions. According to Redfin's latest data, Newark and New Brunswick are 2 of just 6 metro areas nationwide still considered seller's markets — meaning demand is still outpacing the number of homes for sale.

That's a meaningful contrast to the national headlines. 📊 Nationally, home prices in seller's markets grew 4.2% year over year, compared to 2.3% in buyer's markets — a sign that where competition remains strong, sellers still have real pricing power.

If your sellers are hesitant because of what they're reading in the news, this is a good moment to remind them: real estate is local, and New Jersey's numbers look different from the national trend. 🏡

Foundation Title serves all of New Jersey, and we're here to help make sure every closing goes smoothly — no matter which way the market is leaning.

📩 Let's partner up. Send us a message anytime.

Address

3 Becker Farm Road
Roseland, NJ
07068

Telephone

+19734775887

Website

,

Alerts

Be the first to know and let us send you an email when Meredith Murphy, Foundation Title posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Meredith Murphy, Foundation Title:

Shortcuts

Share

Category