First Time Homebuyers Misconception of Moorestown

Many first time homebuyers I work with typically want to stay in the $250,000.00 range and below. They provide me a list of towns they would like to buy in, but rarely consider Moorestown. This perception that there are no opportunities to buy in Moorestown below $250,000.00 is false.

In 2007 close to 40 homes sold in Moorestown from $250,000.00 and below. These homes were a mix of twins, townhouses, condos and single-family detached homes. Even as I write this there is a great 2 bedroom, 1 full bath home with a garage on Collins Avenue.

Yes, there are usually fewer options (less supply) in this price range and it will take you longer to find a home in Moorestown in this price range. However, you should consider the town a smart investment given the blue ribbon schools and steady appreciation of property values since 1999.

With all this in mind Moorestown doesn’t work for all my clients because they may need more bedrooms, new construction or closer proximity to work or family. When this is the case we are usually looking at neighborhoods in Merchantville, Pine Hill, Audubon, Collingswood, Haddon Heights, Haddon Township, Berlin and the surrounding towns.

Regardless of where you are looking you should begin to review how you are managing your money and using your credit. For all my clients I provide them a FREE workbook - “Preparing to Buy a Home”.  Just e-mail me your name and mailing address.

Happy house hunting! Please check back for other helpful tips on buying your first home.

Spectacular Home - Merchantville, New Jersey

If you want to purchase a large home and want something that is more contemporary you should take a look at 201 W. Maple Ave in Merchantville, NJ.

Yes, this is my listing, but it truly is a statement home that offers 4200 interior square feet plus additional space in the full basement.  As you enter the home from the front door you pass through an inner chamber into an atrium that towers 30 feet high capped by a large skylight.  This unique feature provides an open floor plan and a lot of natural light.

In addition to these unique features this home offers several storage areas and space to run a business.

Feel free to call me at (856) 235-0101 and ask for ext. 201 or click here to write me an e-mail.