The Wilton Report Josh Wilton

Welcome back to The Wilton Report, your go-to podcast/videocast for all things Princeton real estate! In this episode, we delve deep into the rental market trends of the first quarter of 2024.
Join us as we analyze the data, discuss the current state of rental properties, and uncover valuable insights for both landlords and tenants. From pricing dynamics to demand patterns, we cover it all.
Discover why rental inventory is sparse, how landlords are commanding top dollar for their properties, and what it means for prospective tenants. Plus, gain valuable tips for navigating the competitive rental landscape in Princeton.
Whether you're a landlord, tenant, or potential investor, this episode is packed with essential information to keep you informed and empowered in the Princeton real estate market.
Don't miss out on the latest insights from The Wilton Report! Hit play now and stay ahead of the curve in Princeton's dynamic real estate scene.
Got questions or comments? Reach out to us on social media—we'd love to hear from you! Thanks for tuning in, and until next time, happy renting! 🏡✨

Welcome back to The Wilton Report! Join Josh as he breaks down the latest trends and insights in the real estate market, focusing on Princeton and beyond. In this episode, Josh covers a wide range of topics, from inventory shifts nationally to the local market dynamics in Princeton. With insights backed by years of experience, Josh provides valuable information for buyers, sellers, landlords, and tenants alike.
In this episode, Josh discusses:
National inventory shifts and housing market affordability.Updates on Princeton's real estate scene, including new listings, closed transactions, and pricing trends.Insights into bidding wars, pricing strategies, and market dynamics for both buyers and sellers.A preview of upcoming changes in the real estate industry and how they might impact you.Plus, don't miss out on Josh's upcoming market seminar on May 18th at 10:15 a.m., where he'll dive deeper into market insights and strategies for success. Whether you're a seasoned investor or a first-time homebuyer, there's something for everyone in this episode of The Wilton Report.
Subscribe to The Wilton Report on YouTube, Spotify, Apple Podcasts, or your preferred platform to stay updated on the latest episodes. And if you find this episode helpful, don't forget to share it with anyone who's navigating the real estate market.
Thank you for tuning in, and see you next week on The Wilton Report!

00:00 Welcome to the Wilton Report: Princeton's Premier Podcast Vlog
00:29 Introducing Queenston's Array of Companies
01:01 Meet the Wilton Group: Your Real Estate Dream Team
02:04 The Importance of a Strong Support Network in Real Estate
03:55 First Quarter Real Estate Recap: National and Local Insights
06:55 A Deep Dive into New Jersey's Real Estate Market Trends
10:40 Princeton's Real Estate Market: A Closer Look
17:12 Forecasting the Future: Real Estate Trends to Watch
20:58 Final Thoughts and Upcoming Events

Welcome back to the Wilton Report! Join Josh in this update as he shares insights on the challenging real estate market in Princeton, New Jersey. From the launch of Princeton Home Connections, a new company specializing in ADUs (Accessory Dwelling Units), to the latest market trends, Josh covers it all. Learn about the upcoming public-facing seminars on March 14th and 16th. Discover the benefits of ADUs, insights into the competitive market, and valuable buyer and seller strategies. Don't miss out – watch now and share with friends interested in the Princeton real estate scene! 🌆🏠 #RealEstate #PrincetonHomes #WiltonReport

Welcome back to the Wilton Report! In this episode, we dive into the scintillating real estate market, covering everything from national job growth to local market dynamics in Princeton and West Windsor. Join us as we analyze the latest trends, including the surge in housing prices, dwindling inventory, and the impact on buyers and sellers. Don't miss out on the insider insights and expert analysis that can help you navigate the current real estate landscape. Plus, get a sneak peek into our upcoming in-person seminar at the Nassau Club. Subscribe, stay informed, and make strategic moves in this dynamic real estate environment. See you at the Nassau Club!
🏡 #RealEstate #HousingMarket #ResidentialRealEstate #WiltonReport

📢 Exciting Episode Alert! 🎙️

In this week's episode of the Wilton Report, Josh Wilton welcomes a special guest, Lance Lambert, the founder of ResiClub, a news and research company focused on the residential real estate market. Lance discusses the nuances of the U.S. housing market, the impact of the pandemic on housing trends, and the variation in market behavior across different regions.

They delve into the concept of a "bifurcated market" and explore how factors like work-from-home trends, interest rates, and local market dynamics contribute to the housing landscape. Lance shares insights into specific markets like Austin, Texas, and the Northeast, highlighting the role of inventory, new home construction, and affordability.

The conversation also touches upon the current state of mortgage rates, the potential unlocking of inventory as rates change, and predictions for the housing market in 2024. Josh and Lance engage in a thought-provoking discussion on the interplay between interest rates, the labor market, and the decision-making process for homebuyers.

Don't miss out on this informative and dynamic conversation between Josh Wilton and Lance Lambert! To stay updated on the latest real estate insights, make sure to follow Lance on Twitter at @newsLambert and check out Resi Club at resiclubanalytics.com.

🔗 Connect with Lance Lambert:

Twitter: @newsLambert
Resi Club: resiclubanalytics.com
🏡 #RealEstate #HousingMarket #ResidentialRealEstate #WiltonReport

🎉 Welcome to 2024! 🎉 In this special 40th episode of the Wilton Report, we take a moment to acknowledge and thank our incredible viewers for their unwavering support. It's been an amazing journey exploring the intricacies of the Princeton real estate market together. Your feedback has been invaluable, and we appreciate each and every one of you who has joined us on this adventure.

🙌 A special shout-out goes to some of our biggest fans at Princeton High School – Leo Surrett, Joe George, Louisa Buss, Tyler Goldberg, and Aiden Linkov. Your enthusiasm and good-natured teasing have added a unique flavor to the Wilton Report. We love hearing from you, even if it's not always fun for Sean Wilton (our host's youngest son). Thanks for making the Wilton Report trend at Princeton High School in 2024!

📅 Save the Dates:

February 3rd, 10:15 AM: Join us for an in-depth exploration of the local real estate markets, covering Princeton, Mercer County, Middlesex County, and Somerset County. Whether you're buying, selling, investing, or just curious, this seminar is for you.

February 29th, 6:15 PM: If you're a homeowner or investor looking to lower your taxes, don't miss our online or in-person seminar at 344 Nassau Street. We'll delve into the appeals process, hosted by Jeff Gerdone, a partner at a prominent law firm in New Jersey.

🔗 Registration Details:
To register for these seminars, keep an eye out for the links we'll be posting this week. Alternatively, you can text us at 609-773-8054, specifying which seminar you're interested in (market seminar or tax appeal), and we'll ensure you have a seat.

📊 2023 Real Estate Recap:

Nationally, 2023 presented challenges, with an 18% decline in sales volume. Existing home inventory dropped significantly, affecting buyer choices and affordability.
Inflation has shown signs of improvement, and interest rates have come down since October 2023.
Job growth in New Jersey, particularly in Mercer and Middlesex County, has contributed to the strong local real estate market.
🏡 Princeton Real Estate Highlights:

Transaction volume in Princeton saw a decline, leading to increased appreciation in home values.
The average sale price in Princeton has surged, particularly in the single-family home segment, reaching $1.399 million.
Condos, townhouses, and duplexes have also seen significant price increases, making the first-time homebuyer segment competitive.
🔮 2024 Forecast:

The first two quarters are expected to be tight in terms of inventory, with appreciation likely.
A slight loosening of the market is anticipated by the end of the second quarter, leading to a more active third quarter.
Sellers are encouraged to act now to take advantage of low competition, while buyers should carefully consider their options.
🌟 Thank You & Looking Forward:
As we kick off 2024, we extend our gratitude to the viewers and supporters of the Wilton Report. Your engagement, questions, and feedback drive us to provide valuable insights into the dynamic real estate landscape. Stay tuned for upcoming episodes, including a deep dive into the rental market and conversations with investors. Happy New Year, and welcome back to the Wilton Report! 🏡🎉