Weekly Basking Ridge Market Activity
8/1/09-8/7/09 The following 8 properties went under contract this past week in Basking Ridge, that is five more contract sales than last week; I don’t think we are going to see much of an August slow down this year! 82 Alexandria Way listed for $268,000 34 Smithfield Ct listed for $279,900 191 Irving PLace listed for […]
Community happenings
The Liberty Corner Fire Company welcomes it’s newest addition: Measuring 47 feet long, weighing 40 tons, and boasting a 100 foot high LADDER: Until now the fire company had to rely on the Lyons VA Medical Center or the Far Hills-Bedminster fire company when there was a need for a ladder truck. The Lyons truck […]
The clock is ticking…
Q. What is the credit? A. The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 […]
Pending home sales are UP
On Tuesday, the National Association of Realtors (NAR) reported that pending home sales rose in June for the fifth straight month. The last time there were five consecutive monthly gains was July 2003. Lawrence Yun, NAR chief economist, attributes the gains to a combination of positive market factors. “Historically low mortgage interest rates, affordable home […]
Society Hill – Basking Ridge – Market Activity
I am working with first time home buyers who are considering making an offer on a townhouse in Society Hill, Basking Ridge. So I spent this evening working on a market analysis to determine if the list price on the unit they like is within the boundaries of reality. The unit has been on the […]
Selling your Basking Ridge home in the summertime
When selling a home, it helps to make the property as appealing as possible given the current season. The summer is no exception. Spending a little extra time and effort to create a summer-friendly atmosphere might be just what is needed to help potential buyers envision living in the home and ultimately make an offer. […]