It’s all good! Basking Ridge Market Activity

I have been analyzing the Basking Ridge market for a listing appointment that my partner and I are going on this evening.  Look what I found: Market Absorption = Available Homes/UC Homes (last 30 days) in a given town or price range ==================================================== As of today, there are 205 homes available in Basking Ridge Since […]

What sold this week in Basking Ridge, NJ?

8/22/09-8/28/09 The following 9 properties went under contract this past week in Basking Ridge. The market is holding steady – there were also 9 contract sales the week before this one! 49 Smithfield Court, Spring Ridge Condo, $236,000, DOM 21 215 Alexandria Way, Spring Ridge Condo, $259,500, DOM 103 72 Commonwealth Drive, Spring Ridge Condo, $284,000, […]

Listings online….where are they?

As a seller it is important that your listing be ALL OVER the internet!  And, it needs to look great!  Even the worst websites are used by the general public; you never know where your potential buyer will be looking so your listing may as well be on as many websites as possible.  In addition to […]

New Price – Basking Ridge, NJ – Townhouse

The new price on this stunning 1900 Hamilton Crest model with a versatile loft is too good to be true!  ………. $497,000 ……… Upgraded kitchen with patio access – private back yard!  At the end of a cul-de-sac it’s location in the development affords ample guest parking. Hardwood floors throughout the first floor, corian counters, ceramic […]

Basking Ridge Market Activity

8/15/09-8/21/09 The following 9 properties went under contract this past week in Basking Ridge (this is almost DOUBLE the number of properties from the week before!): 149 Potomac Drive listed for $212,500, DOM 38 121 Alexandria Way listed for $239,000, DOM 139 261 Penns Way listed for $325,000, DOM 19 67 Countryside Drive listed for $349,900, […]

Back to Basking Ridge after a week of R&R

I just returned from a wonderful vacation week at the Jersey Shore.  The weather couldn’t have been better – it didn’t start to rain until we were leaving the island! Anyway, I am not ready to return to work – but having neglected my blog for over a week, I thought I would pop on […]

This week’s Basking Ridge Market Activity

8/8/09-8/14/09 The following 5 properties went under contract this past week in Basking Ridge: 197 Alexandria Way listed for $269,000, DOM 69 226 Lyons Road listed for $639,000, DOM 42 28 Gold Blvd listed for $719,000, DOM 52 111 Woods End listed for $949,000, DOM 152 148 Childs Road listed for $1,725,000, DOM 211 There […]

Does it make sense to buy now?

This is a question that only YOU can answer!  The $8,000 tax credit sounds very appealing – and it certainly is a GREAT deal!  Especially while prices are still low and interest rates are still manageable.  Owning your first home is a big step, and of course it is going to be a little stressful […]

Beware of Foreclosure Rescue Scams

Excerpted from the Making Home Affordable website. Beware of Foreclosure Rescue Scams – Help Is Free! Scam artists often target homeowners who are struggling to meet their mortgage commitment or anxious to sell their homes. Recognize and avoid common scams.      Assistance from a HUD-approved housing counselor is FREE. Beware of anyone who asks you to […]

Not new news – tax credit

By: Tim McLaughlin, Weichert Financial A few weeks back, HUD made good on a promise to provide guidance to lenders regarding how they can enable buyers to use the $8,000 tax credit to effectively buy down their mortgage rate by giving them a larger down payment. Here’s how the program will work: The option is […]

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Understanding The Market

Basking Ridge Market Report

Get a snapshot of the Basking Ridge real estate market every month. As I always say, no obligation, just information.

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