I thought we had reached the maximum absorption point on Foreclosures and then this morning I read that there is another wave coming at us.  Apparently according to the Mortgage Bankers Association the next wave is coming at us quickly.  I keep hearing from everybody about how difficult it is becoming to get a home loan.  I think the banks are afraid of everybody.  They can't predict unemployment so it doesn't matter who you are or how high your credit score is, you'll scare them.  There were allot of subprime loans that had 5 year fixed periods before they adjusted.  Those loans are about to come due in the spring this year.  As a Realtor we want to sell you a home that can become your home.  A place to raise your family and stay for a long time.  A place that let's the kids go to school to the same school until they are finished their time there and can move on.  We don't want to see anybody loose their home.  At the same time, we are please that there are opportunities today for first time buyers that haven't existed in a long time.  The housing affordability index is higher than it has been in my years of selling homes and I think that means there are a bunch of folks out there that, if they are conservative can actually buy a house right now.  That's amazing.  If you have good credit, are confident in your earning ability and have low debt it's a great time to look for a home.  There are some foreclosure bargains to be had.  The only way for us to get the market moving again is to move through our fear and find a house that can become our home.