In less than a week, New Jersey will select a new governor who will have a significant role in the future of New Jersey’s housing market. Where he or she stands on this issue is imperative, as Congress is currently debating a tax reform plan that would cut the mortgage interest deduction and the state and local property tax deduction, both critical incentives for a strong housing market particularly in high property tax areas like New Jersey.
Before you cast your vote on Nov. 7, stay informed on the issues. You can read New Jersey Realtors® special political edition of Designated Realtor®, where we invited gubernatorial candidates Lt. Gov. Kim Guadagno and Ambassador Phil Murphy to speak to you, the New Jersey Realtor® family, about the economy, property taxes and real estate issues.
Also, make sure to locate your polling station, which you can do by clicking here. You can make a difference by taking just a couple minutes out of your day on Nov. 7 to participate in this important election.