Strict Lending Procedures? Steps to obtain the house you want in any area

Years ago our parents saved until they were comfortable to obtain a mortgage they could afford. With the interest only loans diminishing, you must eliminate your debt close to zero. There are so many homes on the market in the Northern Virginia area at reasonable prices that should be sold by now. Buyers should be educated on reducing debt, so they can purchase the home they have been patiently waiting for. Realtors, yes patience is a virtue in this market. Work with buyers until they are ready.