The combination of the Realtors, mortgage lenders and the government spreading the word about the $8,000.00 tax credit for first time homebuyers is definitely impacting the market in Southeastern Connecticut. 96.2% of the mortgage business at the New London office of McCue Mortgage during the month of June has been from people buying homes compared to refinance business. Most of the clients are buying their first homes and will be eligible for the $8,000.00 tax credit but some of the buyers were selling their present home and moving up. This is a very good sign. Houses are selling and buyers are out looking at houses to buy. Rates are staying favorable, houses prices are more reasonable and the $8,000.00 tax credit is encouraging buyers to come into the market. 2009 may be a better year in the housing industry than was expected.  Since 1980, Phil Turner has helped over 10,000 clients achieve the dream of homeownership. If you are planning to buy a home, please contact Phil. You'll find his professional service and years of experience exactly what you need in Eastern Connecticut's current housing market.
Phil can be reached at McCue Mortgage, located at 8 Union Street in New London, by calling (860)444-0650 or (800)781-1180 or By EMAIL. | 
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