Thomas McCormack's Q&A

It's a great time to buy a house if you're financially qualified.  If you think that's simply a convenient answer for a realtor to offer, consider the following:- prices have fallen considerably in the past few years ~ for the first half of 2009 Middletown, NJ,'s average price was down over 14% from previous year (and 2008 was down 19% from 2007), so affordability has returned to the marketplace something usually followed by buyers who are smart enough to pick up the best deals- interest rates are still at historic lows; the money you save in interest on a 30 year mortgage can make the savings due to price reductions (see above) look like pocket change- incentives abound: some from builders looking to sell inventory by including thousands of dollars in upgrades at no additional charge, some from sellers who offer to cover closing costs or concessions to help buy your mortgage rate down even more, and some from Uncle Sam who's offering 1stTime Homebuyers (or at least those who haven't owned for three years) a federal tax rebate of up to $8000.So, if you have a job, a decent credit score and preferably some money for a downpayment (although there are still FHA programs available requiring as little as 3.5% down), it is very much worth buying a house, in Middletown or elsewhere.I'm very familiar with Middletown... If I can be of assistance, please let me now.Thomas McCormackSales Associate732-212-0440 x212