Princeton Real Estate - Busy Times for Buyers and Sellers

The good news for the Princeton real estate buyers is that there is a lot of choice and the prices for some properties have come  down significantly. I have been showing a lot of houses in the last several weeks. This is the an excuse reason for having not written as much for the Princeton Real Estate blog as I usually do.

Here is a quick look at my observations this week.  For my international buyers we were looking at some spectacular Princeton homes for sale in the price range of over $3.5mln. Some of the houses we saw have been on the market for much longer than 3 months, but some have just come up and have had many buyers looking at them. 

Princeton houses for sale in unique locations, for example  with a view of lake Carnegie are in demand and I get a lot of inquiries about them. Unfortunately for my buyers there isn't much available there and when it is (if priced right), they are sold rather quickly.

New or newer houses in the Princeton Borough are also in demand. The key for both buyers and sellers is the price. In todays climate, some buyers concerned with further Princeton real estate market decline, offer prices that are too low. Such offers, even today, are being declined without a counter offer.

Last week has been a very busy for me. Hopefully this week will bring the house of their dreams for my clients interested in Princeton homes for sale. Hopefully my seller clients will move forward with their contracts.

 

Photo by Daniel Morris  

If you are looking to buy a house in the greater Princeton are, you may find these articles of interest:

How to buy a house without a real estate agent

15 Reasons you should not buy a home now ...5 reasons you should

What Did That House Sell For? January 2008

Who Else Wants Clarity About Real Estate Prices

Is Princeton Real Estate Local or Global?

Secrets To Buying A House In This Market

Secrets To Home Selling In A Bad Market

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Faina Sechzer - Princeton, Montgomery, Hopewell, NJ Real Estate Expert
Henderson-Sotheby's International Realty
Princeton, NJ

Office Phone: (609) 924-1000 Ext.: 144
Cell Phone: (609) 553-4175
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