Want to live in Princeton’s desirable Washington Oaks townhouse community? Here is a list of the homes for sale.
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Princeton Real Estate
by Josh Wilton
Want to live in Princeton’s desirable Washington Oaks townhouse community? Here is a list of the homes for sale.
by Josh Wilton
by Josh Wilton
Have you ever dreamed of living in the midst of Historic Palmer Square? Just steps away from the shops and restaurants that make up this unique area?
If so, a rare opportunity is available with this large, spacious 3rd floor condominium composed of a studio and a 2 bedroom space. The beautiful Princeton townhouse is a corner unit with: large windows bringing in light and views of Palmer Square, hardwood floors, 2 fireplaces, an updated eat-in kitchen, 2 bathrooms, washer and dryer in the unit (instead of having to go to the basement) and a rare walk-up attic space for storage along with 2 storage units in the basement.
Living room could be transformed to an en-suite Master Bedroom easily and Dining room then used as living/dining room combination to actually give space for 3 bedrooms use if so desired.
Marketed by Susan Eelman
(c) 609-240-2520
Want to see more Princeton townhouses for sale?
by Josh Wilton
Tim McLaughlin, VP Weichert Financial Services
On Monday, we received yet another positive housing price measure for 2013, learning from the National Association of Realtors that the national median existing single family home price was $178,900 in 4Q, up 10.0% from $162,600 in 4Q2011, the strongest year over year price increase since the 4Q 2005.
The median existing single family home price rose in 133 out of 152 metropolitan statistical areas. Lawrence Yun, NAR chief economist who in the past has commented about lending standards being too restrictive, said all the conditions for strong price growth are at play. “Home sales are on a sustained uptrend, mortgage interest rates are hovering near record lows and unsold inventory is at the lowest level in 12 years,” he said. “Home sales are being fueled by a pent-up demand and job creation, along with still favorable affordability conditions and rents rising at faster rates. Our population has been growing faster than overall housing stock, so supply and demand dynamics are very much at play.”
Yun added that more housing construction is needed to relieve some of the pressure in the market and keep home prices from overheating.
Update on the Market: We continue to see the 10 year Treasury yield at the highest levels since early 2012 as the yield topped 2.00% again this morning. Combined with that is continued MBS to Treasury widening (essentially, Mortgage Backed yields are trading even wider to Treasuries, exacerbating the rate issue). We are seeing cash flow into Equities and the Dollar (the Dollar/Yen trade is a money maker right now), with the negative recipient of the trade being all classes of Fixed Income (particularly Mortgage Backed Securities). With that said, we are still seeing 30 year Mortgages with a 3 handle, and 15 years still beginning with a 2 in most cases, as the spring market beings to get its legs.
by Josh Wilton
Joe Plotnick presents this Faulkner model has been upgraded at a high level by the current owners.
The first floor has a remodeled kitchen with new cabinets granite counters, glass block back-splash and upgraded appliances, new ceramic tile flooring in the kitchen and foyer and hardwood floors in the living and dining rooms. Living room has a center fireplace and a French door leading to raised deck overlooking wooded rear yard. Upstairs offers a master suite with double closet, vaulted ceiling and a master bath, a second bedroom & second full bath complete this level. This highly sought after community of Princeton Walk is the perfect location for buyers. The setting is treed with meandering walkways throughout the villages, ponds, tennis courts, indoor and outdoor pools and a gym are just some of the onsite amenities. Princeton is a short drive from your door step where you will find, theater, shopping, dining and train. I Year HMS Home Warranty Plan included.
Offered at $349,000. Call Joe to see this great home! (c) 732-979-9116
Not the Princeton townhouse you were looking for? Take a look at the rest of the available market.
by Josh Wilton
by Josh Wilton
by Josh Wilton
Princeton townhouses for sale…
by Josh Wilton
Tim McLaughlin, VP Weichert Financial Services
81% of poll respondents to a Redfin poll believe home prices will rise in 2013. Those in the 81% are not far off, as the Federal Housing Finance Agency reported just that in its latest house price index. In fact, from November 2011 to November 2012, prices rose 5.6% and are predicted to continue their upward trajectory into 2013.
Because of this, some sellers are more inclined to wait. More than 34% of sellers indicated that missing out on future price gains was a major concern in selling today. These future price gains have buyers wanting to get in now too, before prices jump much higher. Of those surveyed, 54% believe now is a good time to buy.
Recently, the Mortgage Bankers Association noted that its home purchase index grew 3% from the prior period, a number that is expected to keep growing in the year ahead as prices continue to rise. We sit in a very transitional phase in housing right now. With mortgage rates anticipated to perhaps creep up by the end of the year, buyers are doing whatever it takes to get into their home now. However, prices are continuing to climb, and many sellers don’t want to sell prematurely, potentially missing out on greater price appreciation.
Only time will tell, but for those looking to buy, it is important to remember that rates can change within a day and the time to buy really is now.
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From the above, U.S. house prices rose 0.6% on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.5% increase in October was revised upward to a 0.6% increase.
For the 12 months ending in November, U.S. prices rose 5.6%. The U.S. index is 15.2% below its April 2007 peak and is roughly the same as the August 2004 index level. National home prices
by Josh Wilton
Looking for an affordable option to a single family home in Princeton? Maybe a Princeton townhouse is what you are looking for. Take a look at Princeton townhouses for sale from $300-$500,000: