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 […]

Mid-month check up: Basking Ridge Market Absorption

The market in Basking Ridge is currently at an inventory level of 7 months (246 available properties, 35 sales in the last 30 days).  This is a very healthy market – especially given the negative press that the real estate market is getting! There have been 10 sales in Basking Ridge so far in July – […]

Spotlight on Basking Ridge Townhouses: Spring Ridge

This 326-acre complex is bordered by over 100 acres of undisturbed open space.  Spring Ridge is a community is comprised mostly of two and three bedroom condos, but there are a handful of duplexes as well as single family homes.  The condo buildings are typically three stories – ground, first and second floor units.  The ground […]

A new Listing in Basking Ridge

Please call me for more information on this new Basking Ridge town house listing in Society Hill: 309 English Place This home will be hosted open this weekend on Sunday from 1:00-5:00.  The first time home buyer tax credit expires on November 30, 2009; there is plenty of time to purchase this town house and […]

HOUSING RECOVERY UNDERWAY

One of the primary reasons that I work for Weichert, Realtors is that I believe that Jim Weichert is a very smart man.  I love that there are only two levels of management between my broker and Jim; I have found that when Jim predicts the market, he is never wrong!  He is 100% involved […]

June, 2009 Sales – Basking Ridge, NJ

June, 2009 sales summary will be posted soon on the home page over at www.Basking-Ridge-Real-Estate.com. In looking at closed sales in Basking Ridge for the month of June there are several remarkable points to make.  We heard this morning that this past June was the best month for Weichert, Realtors in the last 22 months […]

Why Renters Should Buy – especially now!

Homeownership has many advantages, including tax benefits and the ability to build equity. And now, current market conditions make purchasing a home an even more attractive option than ever before. In fact, a report earlier this month showed that the National Association of Realtors’ Housing Affordability Index rose in April to the second highest monthly […]

Another new listing – this one in Bernardsville, NJ

This nicely priced 3-bedroom ranch should be viewed as a great opportunity to take advantage of the first time home buyer tax credit.  Why buy a condo when you can own a house? http://www.160mountairyroad.com/ This solidly built home – lived in always by the original owners – features hard wood floors, a full basement, a bluestone […]

The Down Market Offers an Ideal Opportunity for Homeowners Looking Up

With the passing of an $8,000 tax credit for first-time buyers, much has been made about the great opportunity available to those who have never owned a home.  Yet, the reality is that today’s market offers just as many advantages for existing homeowners wishing to move-up to a larger home.  “Many current homeowners mistakenly don’t […]

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Understanding The Market

Basking Ridge Market Report

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