Real Estate inventory has been steady in Basking Ridge. There are 130 properties for sale including condos, town houses and single family homes in town. Absorption rate is at 5 months, indicating a balanced real estate market. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a good deal of real estate activity in Basking Ridge last week… 13 new properties came on the market, 1 went under contract and 6 homes closed last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Best priced town home at Society Hill. Bright and sunny End unit. Updates: kitchen, master bath, powder room. AC, furnace and all windows 2010. Newer W/D. All 6 panel doors. Lights in all closets. Ceiling fans. Abundant parking. Each bedroom has private bath. Storage closet off patio. Convenient location. 43 acre of manicured community near Pleasant Valley Park. On-site property manager, clubhouse, in-ground pool, tennis court, basketball court, bicycle paths. Open House today 1 pm to 4 pm.

Real Estate inventory continues to increase in Basking Ridge. There are 129 properties for sale including condos, town houses and single family homes in town. Absorption rate is slightly down to 4.4 months, indicating a seller’s real estate market. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was quite a bit of real estate activity in Basking Ridge last week… 14 new properties came on the market, 11 went under contract and 5 homes closed last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

I just listed a beautiful, bright and sunny End unit at Society Hill in Basking Ridge. This special town home offers 2 BD and 2 1/2 Baths. Updates include kitchen, master bath and powder room. AC, furnace and all windows were replaces in 2010. This home also has a newer washer and drier, all 6 panel doors, lights in all closets, ceiling fans and abundant parking. Each bedroom has a private bath. There is a large storage closet off patio. This home offers a very convenient location, situated in a manicured community of 43 acres near Pleasant Valley Park. There is an on-site property manager, clubhouse, in-ground pool, tennis court, boccie court, basketball court and bicycle paths. Offered at $295,000. Please contact me here for more information. Broker’s Open is on January 31st, 2012 from 10 am to 12 pm, buyers are welcome to stop by.

Real Estate inventory continues to increase in Basking Ridge. There are 134 properties for sale including condos, town houses and single family homes in town. Absorption rate increased slightly to 5 months, indicating a ballanced real estate market. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a good deal of real estate activity in Basking Ridge last week… 6 new properties came on the market, 3 went under contract and 4 homes closed last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory is increasing in Basking Ridge. There are 131 properties for sale including condos, town houses and single family homes in town. Absorption rate is at 4.5 months, indicating sellers’ real estate market. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 10 new properties came on the market, 4 went under contract and 1 home sold last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory is increasing in Basking Ridge. There are 130 properties for sale including condos, town houses and single family homes in town. Absorption rate is at 5 months, indicating a balanced real estate market. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 23 new properties came on the market, 5 went under contract and 4 home sold last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory further decreased to 115 properties for sale including condos, town houses and single family homes in Basking Ridge. Absorption rate is at 4.6 months, indicating Sellers real estate market in town. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great real estate activity in Basking Ridge last week, considering time of the year… 12 new properties came on the market, 5 went under contract and 2 home sold last week. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

The new year provides an opportunity to start fresh and develop goals and resolutions for the coming year. Some people strive toward financial aspirations or a professional achievement, while others might choose to pursue a lifelong goal, such as owning a home.
If 2012 is the year to achieve your dream of homeownership in Basking Ridge and surrounding area, the following tips may be helpful:
• Talk to the experts. Work with a local real estate professional, lender and attorney who are familiar with the area in which you would like to buy a home. A real estate agent can provide you with expert knowledge about the local market, including information about community life and specific neighborhoods, and will be a useful resource throughout the entire process as he or she guides you from the initial search through closing on the purchase of your new home.
• Be smart about financing. You may have savings allotted to cover your downpayment, but don’t forget about other upfront expenses like closing and inspection costs. Look into the many programs available to help you reduce upfront costs. Also, get pre-approved as soon as possible to help you develop a budget, understand what price range you can afford and set realistic expectations.
• Determine your preferences. Speak to your real estate agent and browse online for homes that meet your criteria. Many websites, including Weichert.com, allow you to see multiple photos, view school and neighborhood information and set up e-mail alerts to notify you of new listings. Before you begin looking at homes, be sure you have a clear idea of what your wants and needs are, as well as the price you are willing and able to pay.

I wanted to wish all our clients, friends and neighbors a Wonderful Holiday Season and best wishes for upcoming New Year!