real estate meltdown: Real Estate Meltdown? What If?
- 10/05/08 10:58 AM
The media has definitely made a point...all of our financial woes must be tied to the real estate market right? If the greedy lenders/investors hadn't taken advantage of the unrealistic expectaions of the home buyer ($500K home with no money down on a salary of $50K per year) then we would be in good shape. Well maybe the tycoons on Wallstreet cooperated and the Commodities Markets contributed a bit, but really our whole economy is tied to housing...jobs, GNP...EVERYTHING?! Based on this premise I am in a very powerful industry....so if that is the case then why can't we change the perspective? … (1 comments)
My mission is to protect my clients from real estate nightmares...I take care of all the details.
Buyers and Sellers are so confused with all the information regarding the market...I'll try to address some of the daily issues I work with.
The media has definitely made a point...all of our financial woes must be tied to the real estate market right? If the greedy lenders/investors hadn't taken advantage of the unrealistic expectaions of the home buyer ($500K home with no money down on a salary of $50K per year) then we would be in good shape. Well maybe the tycoons on Wallstreet cooperated and the Commodities Markets contributed a bit, but really our whole economy is tied to housing...jobs, GNP...EVERYTHING?!;)
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