The current housing slump and tougher bank lending standards are dashing many Americans' dream of owning a home, but there are some people trying to make that dream come true.

Some local realtors say this is the perfect time to buy taking advantage of their special offer.

You've seen the for sale signs lining the streets of your community, and heard the term "buyer’s market," but what does that really mean? It means sellers and builders are making great deals to make a sale.

"It has provided such a tremendous opportunity for people to be able to own a home that weren't able to own before."

Debbie Gericke has been a realtor for almost 25 years. She says these great deals can be found all over northwest Florida, and many include appliances, high end counter tops and cabinetry.

Debbie Gericke said, "The buyer would be able to get into their first home at no more than 100 dollars and a monthly payment of $995 a month fixed for 30 years. Why someone wouldn't want to take advantage of that I can't imagine."

And the deals don't just apply to first time buyers. Homes like this with views like this are down almost 100,000.

"You have an opportunity to purchase something that is drastically reduced over something two years ago, so you're able to buy more than you were able to buy. The interest rates are at an all time low. They've never been this low before."

For anyone who is still skeptical according to the president of the emerald coast of realtors

2007 ranked as the fifth strongest year in our nation's history as far as the number of real estate transactions. Gericke wants to assure buyers there's no catch.

To find more deals in the area of your community you can contact your local real estate professional.