Welcome back to another episode of The Wilton Report, Princeton’s only dedicated real estate podcast and videocast! In today's episode, we dive deep into a controversial topic affecting the housing market in Princeton, New Jersey—redlining and how it might be happening through historic preservation policies.
In this episode, Josh Wilton, co-owner and broker of Queenston Realty, breaks down:
The challenges facing first-time homebuyers in a high-demand, low-inventory market.
Insights into Princeton's real estate trends and how historic overlays are impacting the ability to build and buy homes.
A case study on a specific property (114-118 Birch Street) and why it languished on the market for over 150 days, despite being a double lot in a desirable neighborhood.
How restrictions in neighborhoods like John Witherspoon are limiting housing options for both sellers and buyers.
A closer look at the issues surrounding housing density and why we need more affordable housing options that people can actually buy.
Josh also shares updates on upcoming events, including a First-Time Homebuyer Seminar and talks about the new offerings from their sister company, Princeton Property Management Services, now managing local Airbnbs!
🚨 Important: If you're watching on YouTube, be sure to check out the photos of the homes discussed in today’s episode.
🏠 If you're interested in Princeton's real estate market or have questions on buying or selling in the area, you won’t want to miss this.
🔔 Don't forget to like, comment, and subscribe for more insightful content on Princeton real estate, local market updates, and much more! If you have any questions or thoughts on this episode, Josh would love to hear from you.
📅 Upcoming Event:
First-Time Homebuyer Seminar – December 14th, 10:15 AM
📞 Have questions?
Text Josh: 609-773-8054
Follow Josh on Instagram: @JoshWilton71
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