Prices are more affordable than ever.  Lending is still strong yet the Under Writing process has definately shown evidence of learning from past mistakes.  In my most recent transaction, the underwriters beat my buyers up and down and the closing date was delayed over 3 weeks. I've learned that getting a commitment letter these days doesn't come easy.  But they say, nothing worth while comes easy!  Currently, you can get a 2 bedroom ocean front condo for $299,000 or a 3 BR sound front condo for $250,000.  Additionally, last Friday, a 2 bedroom foreclosure came on the market for $112,000.  All of these are available on the Outer Banks of North Carolina!  As a REALTOR, it is my duty to present these great deals to my buyers but make sure the loan they choose is one they can afford and that is a 30 year fixed.  With good, solid qualification mixed in with a great deal, this is the best time to grab a great investment.