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Bedminster, NJ Real Estate News

By Inactive Agent, SRES, e-PRO
(Coldwell Banker Residential Brokerage)
Here are some new listings in Bedminster, NJ for last week: Mayfield, One Floor Condo, 1 Bedroom, 1 Bath - Listed at $209,000 Mayfield, One Floor Condo, 1 Bedroom, 1 Bath - Listed at $265,000 Long Meadow, Half Duplex, 2 Bedrooms, 2 Baths - Listed at $333,000 Edgewood, Townhouse Interior, 3 Bedrooms, 3.5 Baths - Listed at $484,500 Edgewood, Townhouse End, 3 Bedrooms, 2.5 Baths - Listed at $539,999 For additional information on any of these listings, please click here and I would be happy to email you more detailed listing information. If you or someone you know is interested in buying or selling a home anywhere, please contact me.  I'm here to help!
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
The real estate market continues to show improvement as mortgage rates remain at historic lows and consumers respond to the tax credits for first-time and repeat buyers. In fact, the National Association of Realtors (NAR) just announced that its Pending Home Sales Index rose 1 percent from November. A forward-looking indicator based on contracts signed in December, the index is now 10 percent above December 2008. What's more, December activity was the fifth highest monthly tally in two years. A sale is listed as pending when the contract has been signed but the transaction has not yet closed. Because sales usually are finalized within one or two months of signing the contract, this improvement should result in higher home sales in the coming months. According to Lawrence Yun, NAR chief ...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
I love this time of the year in the real estate world!  There are so many more inquiries to field, lots of new listings to preview and this year, there are tons of excited buyers to work with.  I have been hanging out on Trulia - marketing my listings and answering questions on Trulia Voices.  This afternoon, someone posted a question looking for advice about how to choose a house; she admitted that she actually has offers accepted on THREE different houses in three different towns.  The question generated several answers from Realtors across New Jersey - almost all of the responders blasted this person and their real estate agent for making offers on multiple properties.  I would reprint the question here, but the original author has already deleted it!  My response was a little kinder...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
The following properties went under contract this past week: 30 Tansy Court, Mayfield, list price $240,00017 Cedar Court, Pinevale, list price $268,50041 Pine Court, Pinevale, list price $289,90093 S Edgewood Road, Egdewood, list price $369,90076 Stone Run Road, Stone Run, list price $379,000 There were nine new listings between $279,000 and $2,200,000.  For more information on these properties, click here and I will send you MLS detail sheets for your price range. If you are considering a move into our out of Bedminster, NJ, please contact me directly.  I can provide you with the information you need to make the best possible decision for all of your real estate needs - especially in Bedminster or Basking Ridge, NJ!
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
The spring market is here!  My phone has been ringing and my email has been busy!  I am fielding inquiries from both buyers and sellers - going on listing appointments and scheduling showings.  One thing I've noticed - year after year - is that buyers are always ready before sellers.  While I am going on listing appointments, many potential sellers are waiting to put their houses on the market.  But the buyers I am speaking to are more than ready to get in the car and look at what's on the market! The home buyer tax credit is definitely fueling some of this activity, but I can't attribute it all to the credit and I do wonder how much of a drop off we might have come May 1st when that window closes.  But that is more than three months from now!  If you are considering putting your home o...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
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 Court, $795,000/$770,0001610 Black River Road, $990,000/$980,00073 Dogwood Lane, $377,900/$358,00076 S Edgewood Road, $419,000/$390,00034 Revere Drive, $799,999/$800,00025 Stone Edge Road, $419,999/$400,00010 Four Oaks Road, $395,500/$390,00027 Stafford Court, $789,000/$735,00022 Birchwood Road, $265,000/$259,50038 Stone Run Road, $399,900/$375,00071 N Edgewood Road, $439,000/$405,00026 High Pond Lane, $309,999/$315,00050 Bentley Court, $299,900/$275,00074 Wentworth Road, $259,900/$258,50011 Wend...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
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! Buyers who purchase a property with someone else may wonder about their ability to claim the homebuyer tax credit. The Internal Revenue Service (IRS) recently issued tax credit eligibility guidelines for co-borrowers purchasing a home. One of the most commonly seen situations is when a parent co-signs their child's mortgage and both names appear on the note. If the parent owns a home, they are not eligible for any portion of the credit. However, if the home-buying child has not owned a home in th...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
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:         34 Deerhaven Road, Single Family Home, LP: $529,900 And, the following properties reduced their list price :          9 Danbury Court, from $363,000 to $350,000         78 S. Edgewood Road, from $509,900 to $499,900         12 Knollcrest Road, from $549,900 to $529,900         55 Hillside Ave, from $699,000 to $685,000 If you are considering a move into our out of Bedminster, NJ, please contact me directly.  I can provide you with the information you need to make the best possible decis...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
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, Crestmont Condo,  $299,999        20 High Pond Ln, Wood Duck Pond Condo,  $299,999        90 Airport Rd, Single Family Home, $445,500        34 Deer Haven Rd, Single Family Home, $529,900        12 Cobble Ln, Single Family Home, The Hills, $849,000        13 Southfield Dr, Single Family Home, $1,150,000 As of this evening there a total of 75 listings showing active in Bedminster in the MLS. With 8 going under contract in the last 30 days, Bedminster market absorption is 9.4 months. Visit my Bedmi...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Many things can impact cost and schedule during construction - mold and water-damage does not have to be one of them. Moisture in buildings is a major contributor to mold growth, unhealthy buildings, and poor indoor air quality. Moisture control and management is the key to preventing mold damage in buildings, both during and after construction. If not effectively controlled, moisture during the construction process will not only cause costly damage to materials and equipment, resulting in budget and schedule impacts, there are additional risks of costly remediation and liability following project completion.  Managing moisture is especially critical during construction projects, particulary during key phases such as those immediately before and after the building envelope is tight.  At...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
11/28/2009 - 11/04/2009 There was only one sale in Bedminster, NJ last week:         58 Birchwood Road, Birchwood townhouse, LP $259,000 There is only one additional property working through attorney review which means they have accepted an offer and lawyers are working through the contract details.  Please contact me if you would like more information about any of these Bedminster homes or visit my Bedminster real estate site for more information on what has sold by month over the past year. New to the Bedminster market are the following properties:         84 Sage Ct, Pinvale condo  $264,000        24 Wescott Rd, Wynnewood condo  $279,000        50 Morgan Ct, Signal Point condo  $297,000        32 Pheasant Brook Ct, Wood Duck Pond condo  $299,000        23 Birchwood Rd, Birchwood cond...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
11/21/2009 - 11/27/2009 I am back from a long weekend spent with family; hoping that my readers have enjoyed their long weekend as much as I did!  I think that most buyers were also spending time with family - as there were only TWO sales last week here in Bedminster, NJ: 26 High Pond Lane, Wood Duck Pond, LP $309,9995 Four Oaks Road, Four Oaks, LP $379,000 There is only one additional property working through attorney review which means they have accepted an offer and lawyers are working through the contract details.  Please contact me if you would like more information about any of these Bedminster homes or visit my Bedminster real estate site for more information on what has sold by month over the past year. New to the Bedminster market is the following property: 96 Wescott Road, Wyn...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
With the extension of the $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.  The expansion of the credit to these repeat home buyers makes that opportunity even greater! "Many current homeowners mistakenly don't think it is good time to buy because they are focused on what they might have sold their home for in the past," said James W. Weichert, president and founder of Weichert, Realtors. "Once they realize how beneficial it can be to trade-up now, both financially and personally, they often have a change of heart."  The Financial Benefits Given the recent decline in hom...
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By Jennifer Blanchard, No Obligation, Just Information
(Berkshire Hathaway HomeServices NJ Properties)
« Should I consider a Foreclosure in Bedminster, NJ? Why Bedminster 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 year showed that the National Association of Realtors' Housing Affordability Index rose to the second highest monthly reading on record. That means homes are more affordable now than at almost any other time. What's more, the limited-time $8,000 first-time buyer tax credit makes purchasing a home an even better deal. Those considering a move from renter to homeowner should keep these factors in mind: Length of ownership: How long do you plan to own your new...
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By Penny Toombs, ABR,AHS,e-Pro
(Coldwell Banker)
Beware of the high price tactic! It has been used for years and continues to hurt uninformed sellers. Once you read this page you will not only be able to see when and why this strategy is being used on you but now you will be able to profit by avoiding it! This tactic is also called "Buying Your Listing". HOW YOUR ASKING PRICE AFFECTS YOUR SELLING PRICE There are 4 common strategies that most sellers use to price their homes. It is unwise to assume that a higher asking price will net you a higher selling price. In fact, often this equation works in reverse, especially if you're not paying attention to what the market is telling you. Remember, you cannot "fool the market" with a high price. Please consider these facts when you set your asking price. 1.) Clearly Overpriced - Every seller...
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By Darina Dymova
(Belbay)
Move right in! Bright and spacious town home with numerous updates. Rosewood hardwood floors. Master and main baths totally updated- new vanities, showers, marble and tile floors, sinks, mirrors, lighting fixtures and new faucet in main bath. Gas fireplace. Master Suite on 2nd floor. Lots of closet space. Neutral carpet. Newer Appliances. So many updates. Buy this home with the first time home buyer credit. To directly access this property, use this shortcut: http://www.fizber.com/new-jersey-buy-condo-townhome-co-op-home-11647211.html
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Bedminster, NJ Real Estate Professionals