Things are changing for first time home buyers, even, in the Bryan/College Station bubble.
"Its just harder to qualify for that loan without a doubt," said realtor Trish Havel.
Although Texas A&M University keeps the local economy afloat, the credit crunch is hitting home here.
"Where we're seeing it is those first time home buyers who really haven't been educated and haven't been told they've got to save," said Havel.
In the past, first time home buyers didn't necessarily have to save.
"Three or four years ago, could you get 100% loans? Absolutely," said Havel.
Because nationwide, so many of those 100% loans have ended in foreclosure, banks are less willing to take such big risks.
"You're gonna have to have that three-percent down," said Havel.
25 year-old David Stennis just bought his first home, a month ago.
"It was definitely an eye opener, I had to do a little bit more due diligence," said Stennis.
Unlike some interested in buying, Stennis had money saved, and was able to move forward.
"I always thought that if you need to buy something you need to have credit, you need to have enough money for the down payment," said Stennis.
A lesson realtors say many would-be first time home buyers are learning the hard way.
"If there's anything good that comes out of this its possibly a red flag waving to everybody to say lets do it the right way," said Havel.