To those who haven't heard homes have finally started moving.  Mostly what is being sold are homes for first time home buyers.  These are homes for about $140k and under.  However, if your home is above don't despair.  It will start here and move up into other markets.  Another good news for first time home buyers is that the government is allowing first time home buyers to use the $8,000 credit to secure a bridge loan.  This will help with the down payment.  This can create a possible 100% financing.  Yes, we can debate if this is a good move since 100% financing is what has caused some of the problems we are facing.  However for sellers who want to sell their home and 1st time home buyers who want to take advantage of this $8k gift from the government it solves their problems.  Want to know more about using the $8k to secure a bridge loan feel free to contact me.  Have an opinion I welcome your thoughts.