The heat is on in Central Jersey real estate.  Although there is a deluge of tough news regarding real estate, many major financial resources such as the Wall Street Journal, CBS Money Watch, Forbes Magazine and National  Public Radio all concur in their advice .."It's Time to Buy a Home Now" and it is also a  a time to sell now
The lowest interest rates in decades make this the optimum time to move in, up or out. 

It is not the price of the home that is important but the cost that really matters.  In other words your monthly costs are what matter.  Today's interest rates are at a historical low.  The National Association of Realtors project a one per cent hike in interest rates equates to a ten percent fall in price.  Even if prices do decline further, today's incredibly low interest rates will more than make up for the decline.  This same reasoning pertains to the seller who is waiting for prices to rise before selling.  In today's real estate market Time is not Money!

It should be noted that the government is proposing a tightening of lending standards and the costs and qualification of a loan  will most likely increase. As interest rates increase and credit is tightened (and it will be) the cost of purchasing a home will increase even if prices decline further.

LOGIC DICTATES...SUMMER 2011 THERE HAS NEVER BEEN A BETTER TIME TO BUY OR SELL!!!

Gloria  Zastko, President and Founder of Gloria Zastko, Realtors is a 40-year veteran in NJ Real Estate.  Gloria Zastko, Realtors is considered one of the most outstanding brokers in Central JJersey.  Open 7 days a week the firm can be reached at 732 297 0600 or http://www.zastko.com/.  Zastko invites any and all inquiries.