bedminster nj market update: A Good Time to Buy a House - 08/09/11 11:40 AM
 
 
There is no doubt that this is a great time to buy a house.  Purchasing a home has remained affordable, primarily because of the extended period of historically low interest rates that has continued for more than two years.  A wide variety of properties from which to choose and affordable prices sweetens the opportunity for homebuyers.
 
The general public agrees, and so does the secretary of the U.S. Department of Housing and Urban Development.
 
 
 Consider these recent reports:
 
According to a recent Gallup poll, 69 percent of Americans believe that now is a good time … (0 comments)

bedminster nj market update: High home affordability motivates Buyers - 05/02/11 04:25 PM

Several reports out last week indicated that the recovery in the real estate market is continuing, and that buyers continue to be motivated by today's high home affordability and the fact that owning a home is now less expensive than renting in many areas.
In March, sales of existing single-family homes, townhomes, condominiums and co-ops increased 3.7 percent from February, according to the National Association of Realtors (NAR). Given that existing-home sales have risen in six of the past eight months, Lawrence Yun, NAR chief economist, is confident that real estate is clearly on a recovery path. Separately, NAR reported … (1 comments)

bedminster nj market update: Right Pricing Sells Homes Quickly! - 04/28/11 04:14 PM
April closings bring Happy Home-Owners
Eleven new happy home-owners in Bedminster!
17 Wescott Rd - Wynnewood  The Hills - listed for $206,900, sold for $200,000 in 30 days 80 Ashley Ct - Crestmont The Hills - listed for $285,000, sold for $265,000 in 24 days 41 Ashley Ct - Crestmont The Hills - listed for $290,000, sold for $286,000 in 19 days 363 Wren Ln - The Hills - listed for $329,900, sold for $329,000 in 5 days 28 Cambridge Rd - Stone Run II The Hills - listed for $359,900, sold for $354,000 in 54 days 14 Heatherwood Ln - … (1 comments)

bedminster nj market update: Bedminster NJ Market Activity - 03/16/11 04:47 AM
Bedminster Market Activity as of March 16, 2011
Closed Sales in March

There are now two new happy homeowners in March in Bedminster.   The following properties have closed this month:
27 BENTLEY CT  $289,999  $278,00077 AUTUMN RIDGE RD $769,900    $745,000
26  new listings came on the market this month, and 9 listings have gone under contract.  To see these new listings or to start your search, click on Bedminster Homes For Sale.
Please note:  2 additional properties sold in February but were not reported online until March.  Those properties are:
147 CORTLAND LN  $99,999  $99,99915 WENTWORTH RD  $259,999  … (0 comments)

bedminster nj market update: Bedminster NJ Market Activity - 02/14/11 03:42 PM
Closed Sales in February
Since my last posting, there are now two new happy homeowners in February in Bedminster. The following properties have closed this month:
5 BENTLEY CT $309,000 $309,000335 ENCLAVE LN $384,000 $372,000
Eleven new listings came on the market this month, and 1 of those listings has already gone under contract. To see these new listings or to start your search, click on Bedminster Homes For Sale.
Absorption Rate
I explained what the absorption rate is in my last posting, but basically it is a way to help us determine how much market activity there is at a … (0 comments)

bedminster nj market update: Bedminster NJ Market Activity - 02/01/11 04:07 PM
Closed Sales
There are now twelve new happy homeowners in January in Bedminster, as the following properties have closed: (Closed properties since last week are in bold)
8 WESCOTT RD $225000 $22000010 WOOD DUCK POND RD $239000 $235000 40 RAY CT $249999 $245000 22 BENTLEY CT $249,999 $248,000 76 BENTLEY CT $269000 $265000 59 BENTLEY CT $299,900 $299,900 32 FIELDSTONE RD $324,900 $318,90077 BENTLEY CT $339999 $3300004 BRIGHTWOOD LN $468,000 $450,00048 DEER HAVEN RD $479000 $445000 132 SOMERVILLE RD $629,000 $585,000 4 OLD FARM LANE $885000 $700000
And there are now 20 new listings, two which have come on the market … (0 comments)

bedminster nj market update: Bedminster NJ Market Update - 01/26/11 04:38 PM
Since my last Market Update last week, there haven't been any properties that have gone under contract.  So that leaves the five properties went under contract last week in Bedminster, which are:  four townhouses listed for $299,900, $309,000, $345,000 and $420,000, and a duplex listed for $384,000.
There are now 9 new happy homeowners this month in Bedminster, as the following properties have closed:(Closed properties since last week are in bold)
8 WESCOTT RD  $225000  $220000 10 WOOD DUCK POND RD  $239000  $235000 40 RAY CT  $249999  $245000 76 BENTLEY CT  $269000  $265000 32 FIELDSTONE RD  $324,900  $318,900 77 BENTLEY CT $339999  $330000 48 DEER HAVEN RD  … (0 comments)

bedminster nj market update: Bedminster NJ Market Update January 2011 - 01/20/11 03:29 PM
Five properties have gone under contract in Bedminster so far this month: four townhouses listed for $299,900, $309,000, $345,000 and $420,000, and a duplex listed for $384,000.
There are 7 new happy homeowners so far this month, as the following properties closed:
8 WESCOTT RD  $225000  $220000 10 WOOD DUCK POND RD  $239000  $235000 40 RAY CT  $249999  $245000 76 BENTLEY CT  $269000  $265000 77 BENTLEY CT $339999  $330000 48 DEER HAVEN RD  $479000  $445000 4 OLD FARM LANE  $885000  $700000
And there are thirteen new listings.  Start your search for Bedminster homes for sale so you can take advantage of the currently low interest rates!
(0 comments)

 
Gerald Light (Weichert, Realtors)

Gerald Light

Basking Ridge, NJ

More about me…

Weichert, Realtors

Office: 908(766) 750-0210

Mobile: (908) 656-1782

Email Me



Links

Archives

RSS 2.0 Feed for this blog