By Luis Ramirez-Agudelo, Luis Ramirez-Agudelo
(Windermere Diablo Realty)
What it takes to buy a home today and what it will take next year is going to be a huge difference. As the stock market continues to have problems, home mortgages are going to be harder to be approved for. The first time buyer is going to be re-established. The criterior for being pre-approved by a lender is tighting every day. Alot of potential home buyers were qualified yesterday but will not be approved today. It will be even hard tomorrow.