  NJAR® Governmental Research Foundation |
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NJAR® Governmental Research FoundationThe NJAR® Governmental Research Foundation (GRF) was formed in 1999 to research issues pertaining to land-use policies and other issues that would impact residential and commercial property owners. The GRF goal is to raise awareness of these issues by conducting public policy research and presenting practical solutions to improve overall quality of life in New Jersey's communities. The Affordability and Availability of Homeowners Insurance in New JerseyThe Affordability and Availability of Homeowners Insurance in New Jersey describes how current trends in the homeowners insurance market have impacted housing prices and values in New Jersey. The components of this research includes surveys of REALTORS® and registered voters, targeted surveys of REALTORS® in New Jersey, an analysis of New Jersey homeowners insurance trends data, and an analysis of New Jersey housing markets. An Economic Analysis of New Jersey's Realty Transfer FeeAn Economic Analysis of New Jersey's Realty Transfer Fee examines the history of the realty transfer fee (RTF) in New Jersey. Conducted in August 2005, the study determines how the rates imposed in July 2003 and August 2004 may have affected home purchases in New Jersey. The study found that home prices have been steadily increasing since 1995 and new and existing home sales have also been on the rise since 2001. Overall, the study concluded that RTF increases impact financing and home sales in New Jersey. Click here to learn more about the RTF. Download the full report, An Economic Analysis of New Jersey's Realty Transfer Fee. Back to top |
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