Wow, 2008 is almost over.  It will certainly be remembered as a tough year for many.  Its brought us to an interesting point in time and in the real estate market.  I've spent most of this year selling "distressed property".  That means it was a "short sale", a foreclosure, or a pre-foreclosure.  These properties sell/sold for prices that haven't been seen in years.  Buyers and seller endure a long process in order to close but the result is often a win-win for everyone involved.  Buyers especially benefit.  For the first time in along time people are able to buy a home for as much or less than they're renting for.  This is a result of several things.  As I mentioned, great deals, low interest rates, and down payment assistance programs which allow those who qualify to get money towards the purchase of a home.  This is allowing many working people to enjoy the American dream.  So, despite all the doom and gloom some good as come out of all this turmoil.  Lets make 2009 an amazing year.