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Weichert Princeton

Princeton Real Estate

Princeton Real Estate Classes April 2014

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Princeton real estate school

princeton real estate scho

 

 

 

You have been thinking about getting your real estate license for a while. but the timing just hasn’t been right…

No more excuses! The Weichert, Princeton office is offering two courses in April 2014 to get your real estate license. 

Evening Class: April 21 – June  25th.  6-10pm.

Day Class: April 28 – May 5th. 9am – 4pm.

Both classes are located within minutes of downtown Princeton, NJ!

Full Scholarships are available for each class! Call Josh Wilton at the Weichert, Princeton office to schedule your private appointment. 609-921-1900.

 

Take a look at these great Princeton Homes for sale and see some of the cool houses you could be selling in your new career!

 


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33 Tyson Lane, Princeton NJ

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33 Tysone Lane Princeton

Home for rent in Princeton’s Littlebrook Section.

Spacious and Bright Split Level Home. Desirable Littlebrook location. Hardwood floors, spacious Eat-in Kitchen, Florida Room, big Backyard. Lawn Care Included in rent. Long term rental preferred. This spacious and warm Princeton home if offered for rent at: $3,500. Make an appt to go see this lovely home! Call 609-921-1900!

 

 

 

 

 

 

 

 

Look at additional Princeton homes for rent:


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Beautiful Palmer Square townhouse for Sale

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princeton townhouse palmer squareHave 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?


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Princeton Real Estate School Licensing Classes forming in January 2014

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Princeton Real Estate School

Have you been on the fence about getting your real estate license? Weichert Princeton office is offering a Licensing class in Princeton starting January 6th.

 

If you are interested in the class click this link to enroll.

 

 

 

Want to see some of the homes you might be selling…? Here is a list of the homes that have hit the Princeton real estate market in the last days:


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Princeton Homes for Sale Year over Year View…

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Did you know that the supply of available homes in Princeton is down nearly 40% from 2011? True! If you have every thought about selling your home in Princeton now may be the time! Contact us for details!

656 Prospect Ave, Princeton, NJ

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656-prospect-princeton-home Presented by Beatrice Bloom.

Enjoy this charming and fully updated 4 bedroom, 2 1/2 bath colonial in desirable Riverside location opposite Carnegie Lake. An inviting foyer introduces the traditional floor plan with front to back formal living room with fireplace and a formal dining room. The cozy family room is carpeted and light filled. Access to the deck and yard is through the French doors in the living room or from the extended new and bright kitchen which includes a farmhouse sink, white cabinets, huge pantry, granite counters and new stainless steel appliances.  The first floor also has a powder room.  Upstairs, three bedrooms share a renovated hall bath while the master bedroom has two closets, a master bath with tub shower and with views of Carnegie Lake. The walk-up attic is a nice surprise providing office space with lots of customized shelves and additional storage. Throughout the property is an English garden which is ready to bloom. Hardwood floors, wood doors and moldings throughout the house are some of the special features, as well as the proximity to the lake, schools, town and transportation.

Take a look at the rest of the Princeton Homes for sale in this price range:


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National Home Prices up 9.7% in January 2013

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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 9.7% in January 2013 compared to January 2012. This change represents the biggest increase since April 2006 and the 11th consecutive monthly increase in home prices nationally. On a month over month basis, including distressed sales, home prices increased by 0.7% in January 2013 compared to December 2012. The HPI analysis shows that all but two states, Delaware and Illinois, are experiencing year over year price gains.
Excluding distressed sales, home prices increased on a year over year basis by 9.0% in January 2013 compared to January 2012. On a month over month basis, excluding distressed sales, home prices increased 1.8% in January 2013 compared to December 2012. Distressed sales include short sales and real estate owned (REO) transactions.

The number of American homes that end up in foreclosure has started to decline, a welcome development that partly reflects an improving housing market.

But a look at data that tracks distressed home sales reveals another reason why foreclosures are becoming less prevalent: More homeowners are turning to short sales where they sell their homes for less than what they owe in mortgage debt and the bank typically eats the difference.
In the past, short sales were rare. Now they are becoming increasingly common in part because lenders, homeowners and real estate agents have become more experienced at marketing and pricing the properties, and because short sales are considered a more efficient way than foreclosure to sell underwater properties.

The shift is helping the housing market pare the backlog of distressed mortgages while cutting the amount of time vacant homes sit empty. That has helped keep home prices firm in the improving real estate environment.
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Pending home sales rose in January and have been above year-ago levels for the past 21 months, according to the National Association of Realtors

The Sequester Effect and the Mortgage Sector

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Tim McLaughlin, VP Weichert Financial Services

Much has been written about the automatic, across the board budget cuts contained in the Budget Control Act of 2011, otherwise known as “Sequestration,” but many critical questions remain regarding official interpretations of the legislation and how it will actually be implemented on an agency by agency basis. These include questions as to exactly which governmental spending accounts are or are not subject to sequestration, how deep the percentage reduction will be in the accounts that are subject to sequestration, how much latitude agencies have in selecting the specific expenditures that will be cut, and what the offsetting expenditures will be in implementing the proposed cuts.

Various estimates of the across the board cuts that would be required in programs subject to sequestration range between 8.5% and 10% for fiscal year 2013, with some going as high as 13.3%. But sequestration would impact different programs across the government in very different ways. With government grant programs such as Title I of the Elementary and Secondary Education Act, the impact can be estimated with some degree of precision. Others are not as easy to project. A great question is how will this impact the mortgage banking sector? Although mortgage bankers aren’t (yet) worried that the sequester will hammer applications, the Federal Housing Administration could be in for some adjustments. The Department of Housing and Urban Development and Ginnie Mae could be forced to furlough thousands of employees if sequestration spending cuts go into effect as scheduled on March 1.

HUD Secretary Shaun Donovan warned lawmakers recently that cuts in several agency programs, including the FHA single-family mortgage insurance program, would leave HUD short on staff and slow the delivery of services to numerous families, individuals and communities that rely on these programs.

Many of the 9,000 HUD employees in 81 field offices across the country would be subject to forced leave and other personnel actions, although sequestration plans are still under review, Donovan said. On the other hand, Ginnie Mae will also be hit by spending cuts, though not as significantly as HUD. An estimated $2 million would be cut from the agency’s Mortgage Backed Securities Loan Guarantee Program under the sequestration rules.
We will keep a watchful eye on this as the day progresses.

John Burke

Broker/Sales Person

Weichert, Realtors
350 Nassau St,
Princeton, NJ 08540
Office: (609) 921-1900

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