Wondering What’s Going on with Home Prices?

Here is What’s Going on with Home Prices The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. […]

Pre-approval in 2023

Getting Pre-approved: What You Need To Know One of the first steps in your 2023 homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a pre-approval, the lender tells you which types of loans you may be eligible to take out, […]

Mortgage Rates are Going Up

Do you know what that really means for you? If Mortgage Rates are Going Up, do you need to sit this out and wait for rates to normalize? The short answer is “maybe”. But take a look at what one our lenders just shared with us. There could be a great opportunity for you here. […]

A Flood of Foreclosures?

flood of foreclosures or fear-mongering fanatics? The market is not going to crash like it did in 2008. Basking Ridge Real estate expert Jennifer Blanchard explains why.

Housing Affordability

There are three things that impact housing affordability. Mainstream media would have you believing that it is only mortgage rates. But, housing prices and wages are also fundamental factors in housing affordabilty. Let’s look at each factor. Mortgage Rates – this is the factor that most people focus on when talking about homebuying conditions today. […]

Property Values in Basking Ridge, NJ

Property values in Basking Ridge are not going down because we are in a recession. Property values are not declining. Full stop. They just aren’t appreciating as quickly has they have been since March, 2020; that kind of growth is unsustainable – the market is adjusting back to normal. Inventory levels of 3-5 months – […]

Sneak Peak – New Basking Ridge Listing

Coming Soon Hardwood floors, three quarters of an acre in a premier Basking Ridge neighborhood, granite in the kitchen, newer bathrooms, brand new furnace and central air. Large rooms, gorgeous family room with built ins and a sunny picture window. Large deck and finished basement. Coming soon to the MLS – – pictures to follow […]

Basking Ridge Market Activity – January 8th

Insights from Jim Weichert The beginning of a new year is always a time to reflect and consider goals and opportunities for the year ahead. As we begin 2012, there are many reasons for encouragement when it comes to the economy and real estate. If recent economic and real estate trends are any indication, 2012 […]

December Market update

There have been thirteen new listings in Basking Ridge since December 1st.  You can search here for these Basking Ridge homes. Four of them are already in attorney review or under contract (price it right and it will sell fast).  Five deals fell apart and the houses are back on the market (two of which have been withdrawn).  […]

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