Jennifer Blanchard's (jenniferblanchard) Blog

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Real Estate Agent - Berkshire Hathaway HomeServices NJ Properties
RECENT BLOG POSTS
Market absorption is defined as the rate at which current inventory will be sold based on the number of buyers in the last thirty days.  A normal market (favoring neither buyers nor sellers) is between 5 and 6 months.  A buyers market is anything over 6 months of inventory and a sellers market is...
01/06/2010
When I started tracking data for my website, I had a grand idea of tracking all of these categories.  I have the following information for the past two years.  I even have it broken down by month.  I love to look at it; I love to analyze it in bits and pieces as I need it.  I'm happy I have it!  ...
01/06/2010
Anticipation - 2010 Real Estate in Basking Ridge Well, it's been about three days into the first work week of the year!  I already have one deal out of attorney review, I've had a new buyer client out looking (he found me via my website and I've gotten two phone calls from Basking Ridge homeowner...
01/06/2010
There were lots of people moving into and out of Bedminster, NJ this past month!   The following properties closed during the last 30 days: Property, List Price/Sale Price31 Edgewood Road, $419,900/$395,000406 Cardinal Lane, $324,900/$315,00029 Ashley Court, $289,500/$281,2507 Sargeant Stoddard C...
01/01/2010
Many times when working with people looking to purchase in the Bedminster, NJ area I encounter buyers who are getting help from their family to buy their first home.  I wanted to make sure that you have all the information you need to make the best decision about this very important investment! B...
12/28/2009
Do you need a last minute holiday gift for someone special?  Consider a one bedroom condo in Basking Ridge!  Okay, okay, I know that's silly - BUT, it is a great time to buy and this first floor Ardsley model in the Spring Ridge community is a wonderful opportunity.  Priced at only $215,000 it of...
12/23/2009
The following properties went under contract this past week:         23 Crestmont Road, Condo, LP: $250,000, Days on Market 77        23 Birchwood Road, Townhouse, LP: $330,000, Days on Market 20        56 Edgewood Road, Townhouse, LP: $499,000, Days on Market 67 Only one new property was listed:...
12/18/2009
The following properties have reduced their list prices since the beginning of December.  I think there are some really great deals out there - and the spring is right around the corner...get out now or you might be competing with other potential buyers.  But, on the flip side, there may be more ...
12/14/2009
What SOLD this week in Basking Ridge? What are the NEW listings? 12/05/2009 - 12/13/2009 EIGHT sales over the last nine days - not a bad week or so for Basking Ridge, NJ!  125 Alexandria Way, Spring Ridge Condo, $249,90059 Sycamore Ct, The Cedars Townhouse, $340,000195 Smoke Rise Road, Single Fam...
12/13/2009
I know I have been on vacation - it seems that maybe lots of people have!  I had to check twice, but it is true - nothing has gone under contract in Bedminster since 12/04! There have been several new listings though:         60 Fieldstone Rd, Fieldstone Condo,  $299,999        34 Crestmont Rd, C...
12/13/2009
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