princetonhomes Archives - Page 2 of 3

25 Morton Court, Lawrenceville townhouse for sale

February 7, 2013 by Josh Wilton

Dannielle Pearson presents this Woodmont townhouse situated at the end of the cul-de-sac, this fabulous 3 bedroom has been fully update! This home has been extremely loved and well taken care of ~ from the new gleaming hardwood flooring to the updated bathrooms. The kitchen has been updated with white cabinetry, Corian counters, hardwood flooring, newer Casement windows and oversized sliders from the Kitchen to the Deck and Patio. Large Living Room featuring hardwood flooring, a wonderful stone corner fireplace along with recessed lighting. Upstairs you will find a Huge Master Bedroom with customized walk-in closet and full master bath along with 2 additional bedrooms completes the upper level. There is a finished basement/family room on the lower level, central vacuum with multiple hoses, 2 car garage, first floor laundry, ceiling fans and so much more! You can enjoy the wonderful community amenities of the pool, tennis courts and clubhouse. This home is close to all major highways, shopping, public transit and downtown Princeton!

Click here to make an appointment to see this home.

Not the townhouse you were looking for? Here are some more townhouses in the Princeton area currently for sale”

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February 6, 2013 by Josh Wilton

Presented by Denise Varga, this immaculate 2 Bedroom/2.5 Bathroom Montgomery Woods Birchwood townhome offering wood floors, fireplace and abundant natural light, all on a quiet cul-de-sac, adjacent bucolic open space and the woods of Autumn Hill Park. Meticulously maintained, the next owners will enjoy updates to important fundamentals: Kitchen, Master Bathroom and windows. All these conveniences, plus all the utility beauty and privacy this extraordinary location affords.

Not the Princeton townhouse you were looking for? Here are the rest of townhouses for sale in Princeton:

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https://weichert-princeton.com/2013/02/2889-2/

8 Theresa Drive, Lawrence, NJ

February 6, 2013 by Josh Wilton

Dannielle Pearson presents this pristine Lawrenceville Green “Alexander” model colonial! From the moment you walk through the front door the interior will delight you with gleaming hardwood flooring in the foyer, living and dinning room. Enjoy this wonderful new gourmet kitchen that is open to the family room and is a tremendous gathering area for friends and family. The huge family room features wood burning fireplace with built in on either side and beautiful oversized sliders leading the large backyard. Upstairs you will find 4 large bedrooms, and 2 full baths. The incredible master suite has a new remodeled full bath and large sitting room. Full basement and 2 car garage complete this fabulous home! 8 Theresa Drive is just minutes from major highways, public transportation, pubic library, shopping, downtown Lawrence, Princeton, New York & Philadelphia.

Call Dannielle to see this wonderful Lawrenceville home: (c) 609-213-8719

Princeton Real Estate Market Seminar Slides

February 3, 2013 by Josh Wilton

Feb 2013 market seminar from Weichert Realtors

The Digital House Hunt….What kind of Buyer are You?

February 2, 2013 by Josh Wilton

Study Digital House Hunt 2013 01 by

Timing is Everything…Will Home Prices in 2013?

February 1, 2013 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

FHA Premiums on the Rise…

January 31, 2013 by Josh Wilton

FHA to hike premiums on mortgages

By Les Christie @CNNMoney

January 31, 2013: 8:04 AM ET

“Government-insured mortgages are about to get more expensive.

The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced Wednesday that it will raise premiums by 10 basis points, or 0.1%, onmost of the newmortgagesit insures.

Translation: A borrower opting for a 30-year, fixed-rate mortgage who puts 5% or more down will now pay an annual insurance premium of 1.3% of their outstanding balance. And someone who puts less than 5% down will pay a premium of 1.35%.

The agency said it will also raise premiums for borrowers with jumbo loans — or loans of $625,000 or more — by 5 basis points, or 0.05%, and increase the minimum down payment requirement on these loans to 5% from 3.5%. “

222 Bullock Drive, Princeton, A Princeton Home for Rent

January 31, 2013 by Josh Wilton

222 bullock drive princeton mark butler Mark Butler presents a new Princeton rental home at the end of a quiet cul-de-sac in Princeton’s Washington Oaks, this beautiful 3 bedroom, 2 1/2 bath townhome features an inviting tile foyer with vaulted ceiling leading into a formal dining room and living room. A double-sided gas fireplace complements these rooms. With an open floor plan, to the left is a breakfast room adjacent to the spacious kitchen. Heading upstairs, you will find 3 sizeable bedrooms with large windows and window treatments. The main bedroom features a tray ceiling with ceiling fan, wooded view, walk-in closet and well-lit main bath with soaking tub, separate shower and dual sinks. The second floor also has a second full bath accessible to the second bedroom and the hallway. The laundry with included washer and dryer rounds out the second floor. This home also has a 1 car garage, back deck and full, unfinished basement. The included association sports 2 tennis courts and playground. Washington Oaks Lease rider will accompany lease.

Not the Princeton rental you were looking for? Here are other Princeton rentals in the same price range:

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4399 Route 27, A Princeton Area Homes for Sale!

January 31, 2013 by Josh Wilton

4399 route 27 joe plotnick

Joseph Plotnick presents this fabulous custom built home located minutes from Princeton. First floor features large living room, formal dining room and family room with gas fireplace. Large kitchen has upgraded stainless steel appliances, granite countertops and a large eat-in area. The home has hardwood floors throughout. You can step out of your kitchen or dining room to a very large deck and have a great view of the wooded backyard. The detached garage has a second floor finished loft area with over 550 sq. feet of heated space. Perfect for a home office or home gym. The home also has an attic that has approximately 800 sq. ft of space that has been set up to be finished or can be used for storage. Major price adjustment. The selling price is now under the assessed value. Call Joe for details: (c) 732-979-9116.

Various Positive Market Tidbids…

January 18, 2013 by Josh Wilton

by Tim McLaughlin, VP Weichert Financial Services

The Monthly National Housing Survey for December was released by the Economic and Strategic Research (ESR) team on January 7th with some notable moves in certain results
At 43%, the share who believes home prices will go up in the next 12 months reached the highest level recorded, up 6 percentage points over November.
21% of respondents say it is a good time to sell, a 10 percentage point increase year over year
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The CoreLogic Home Price Index (HPI) showed that home prices nationwide, including distressed sales, increased on a year over year basis by 7.4% in November 2012 compared to November 2011.
This change represents the biggest increase since May 2006 and the ninth consecutive increase in home prices nationally on a year over year basis. On a month over month basis, including distressed sales, home prices increased by 0.3% in November 2012 compared to October 2012.
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The jobs report for December showed that the labor market closed 2012 on a note of resilience. Nonfarm payrolls rose by 155,000, in line with the 3 and 6 month averages of 151,000 and 160,000, respectively. For all of 2012, the US economy created 1.86M new jobs. Gains in December were notable in the goods producing sector, with manufacturing jobs up at a 9 month high of 25,000, while construction jobs jumped by 30,000, following a decline of 10,000 recorded in November in the wake of Hurricane Sandy. Revisions showed a net increase of 14,000 in the prior two months.
The household survey showed the unemployment rate unchanged at 7.8%. November’s rate was revised up by 0.1% due to annual revisions in seasonal factors. The details of the household report were mixed as employment in this survey showed a gain of just 28,000, while the labor force rose by 192,000, reversing the sharp decline seen in November.

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