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montgomery nj real estate: Princeton NJ Real Estate Prices of Houses Sold - 01/19/08 10:39 PM
Median Prices for Houses Sold in Princeton Township, Princeton Borough, Hopewell Township, Hopewell Borough, Pennington, West Windsor, and Montgomery Township in 2004-20007.
The media and the press over the past year have been providing the gloom and doom information about the real estate. Some acknowledge that real estate is local, yet still aggregate it to the national level, which to buyers and sellers in the greater Princeton area has little relevance.
What is important for them is the understanding of the local market. For the period of 2004- 2007 the median house prices have increased in all of the above towns.Granted, looking … (1 comments)
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montgomery nj real estate: Montgomery Township NJ Real Estate - Prices Of The Houses Sold - 01/16/08 07:23 AM
Average Price Of Houses and Condos Sold in Montgomery Township NJ In 2004 – 2007The prices of homes and what is happening in the Montgomery real estate market is always on the minds of the homeowners. It is even more so now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.Looking at the Montgomery Township for the period of 2004-2007, the news is positive - 11% increase in the average prices of houses and condos sold. … (1 comments)
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montgomery nj real estate: Princeton NJ Real Estate - Prices of Houses Sold - 01/15/08 05:33 PM
Average Price Of Houses and Condos Sold in 2004 – 2007The prices of homes and what is happening in the Princeton real estate market is always on the minds of the homeowners. It is even more so now, given the economic uncertainties of the effects of the sub prime mortgage fall out and the possible recession. The price of the homes sold is one of the indicators of the real estate market.Looking at the period of 2004-2007, the news for Princeton is still positive - 17% increase in the average price of houses sold over the period. The biggest inverse occurred … (0 comments)
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montgomery nj real estate: Montgomery Township NJ Real Estate Market Report - 01/08/08 08:13 PM
What is the condition of the real estate market in the Montgomery Township NJ and other surrounding towns? This question continues to be on the minds of most homeowners, not just those who are currently selling or buying their house. How can we find the possible answers?
The Press has been consistently reporting that now is the “buyers” market and that five years ago it was “sellers” market. By this, people usually mean who has the "upper" hand in the market, or whether there are more buyers than sellers in the market. In the buyers market home prices usually decline, in … (5 comments)
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montgomery nj real estate: Montgomery Township NJ real estate - How Long To Sell? - 01/05/08 12:08 PM
How long does it take to sell my house? Is the real estate market going to get much worth in the new 2008? Home buyers and sellers in Montgomery Township New Jersey continue to ask these questions heading into the spring market.I don’t believe that national “Prophets” know exactly what will happen in each local real estate market. General economic indicators are that the markets will not get much better in terms of home sales prices. Instead of predicting the future we can look at the historic data. One indicator of the real estate market is how long does it take … (0 comments)
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montgomery nj real estate: Princeton real estate - Skillman Montgomery - are the buyers looking or waiting? - 12/17/07 08:25 PM
Are buyers looking for Princeton homes for sale or waiting on the sidelines for real estate prices to fall further? The same question applies to Skillman, Montgomery homes for sale. If you read the press it surely seems to be the later rather then former. I just came back from the showing of a special very large property in Skillman, Montgomery Township, for which I happen to be the listing agent. The buyer has very particular needs that require accommodating a lot of family members. They have been looking for a very long time, without success. I am not sure if … (7 comments)
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montgomery nj real estate: Homes for sale in Princeton area - Beautiful Estate - Washington Well Farm - 11/17/07 09:11 PM
Fabulous 8 acres estate -15 Minutes from New YorkLocation: Skillman, NJHere is a unique chance to own the 8+ acres estate "Washington Well Farm", and with it become part of the American history. The story of this home starts in 1753, when Joost Dureya bought 260 acres of land and made it his homestead. He lived in the home with his two wives and his son, Simon, who served in the Revolutionary War. Following the custom of the early settlers the family burial plot is in the back of the property. Surviving to this day. in addition to the main house … (12 comments)
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montgomery nj real estate: 228 Skillman Road, Skillman NJ - 09/24/07 02:37 PM
Charming Cape on 2 beautiful acres
This charming cape cod on 2 gorgeous acres is your answer to a long search for a place to call home. You will be amazed by the light and spaciousness of the open floor plan. You will find that the home's mid- century design, which is now the hottest trend, offers quality of design and ease of living. From the wall to wall window in the Living Room enjoy the views of the protected 800 acres of serene land. The three bedrooms, two bath -give everyone needed space. The home is in move-in condition with brand … (5 comments)
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montgomery nj real estate: Princeton Real Estate - What is the outlook? - 09/07/07 11:36 AM
Princeton Real Estate as well as Montgomery and Hopewell Townships have declines in the numbers of "pended" units in August 2007 vs. 2006. A sale is listed as Pending when the seller accepts a sales contract on the property. The reason this number is significant is because it is an indication of number of sales in the several months. About 80% of pending home sales usually close within two months. When the index falls it signifies weakening of the housing market. With the tightening of credit it is possible that some buyers will pull out of pending transactions and that less … (0 comments)
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Faina Sechzer - Princeton, Montgomery, Hopewell, NJ Real Estate Expert
Princeton,
NJ
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Henderson-Sotheby's International Realty
Office Phone: (609) 924-1000 x 144
Cell Phone: (609) 553-4175
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Local real estate market conditions, events, ideas and challenges.
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