It appears as if with every solution to the repair of the mortgage crisis, there is a downfall to accompany it. Some experts believe that by lowering the interest rates to a historical low of 4.5% will lure the homebuyers out of hiding and back into the market. However, many homebuyers are scared at the moment, fearful of investing money into a crashing market, and homebuyers that are enticed by the low interest rates are finding difficulties in finding loans that have reasonable down payments and appropriate loan terms.

Federal Officials have acknowledged that this failing economy is not going to recover until the mortgage crisis recovers. Incentive programs issued by the government for potential homebuyers, is another option. Federal tax credits at closing, lowering down payments, tax incentives for investors that buy properties and turn them into rentals are a few of the ideas 'floating around'.

Or is it all a matter of stabilizing the job market? When people fear for their jobs, will they really be willing to make such a large investment as a home?

I see these types of news articles in regards to the mortgage crisis on a National, sometimes even global level, on a regular basis. But what can we do locally? How can we strive to correct these real estate issues in Hillsborough, Pinellas, Pasco, Citrus and Hernando counties?

Would this be a home that would be considered a great investment? Why?