After a social breakfast meeting with a mortgage lender and financial advisor this morning I wanted to pass along some thoughts.  The lender mentioned that all of the deals she’s seeing come through the office appear to be the cheapest home or lot available.  So, it looks like the investors are coming back slowly…  Current thinking is that we’ll see this through 2008 – and the investment advisor expected things to pick up in real estate due to the really low mortgage rates (currently under 6%)  The caveat is that the FED won’t keep rates low forever and mortgage rates are low temporarily too – so it gives more incentive to buy SOON!