ARCHIVED BLOG POSTS
2009
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...
08/31/2009
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 21215 Alexandria Way, Spring Ridge Condo, $259,500, DOM ...
08/29/2009
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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 ...
08/26/2009
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 t...
08/25/2009
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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 38121 Alexandria Way listed for $239,000, DOM 139261 Penns Way listed for $325,000, DOM...
08/24/2009
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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 and post about a...
08/22/2009
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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 69226 Lyons Road listed for $639,000, DOM 4228 Gold Blvd listed for $719,000, DOM 52111 Woods End listed for $949,000, DOM 152148 Childs Road listed for $1,72...
08/14/2009
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« Beware of Foreclosure Rescue Scams 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...
08/13/2009
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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 e...
08/08/2009
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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 $268,00034 Smithfield Ct listed for $279,900191 Irv...
08/08/2009