For those of you who know me. . .Well, you are aware of my love affair with CNBC. Below is a short clip from today that is worth blogging about. I follow the Case Shiller Home Price Index along with stats that are published by NAR. . .etc. Basically, we have The Realists vs. The Optimists "in the great real estate debate". So, let's get real shall we? In the segment below, I think Cameron hit the nail on the head and Patrick needs to pull his head out of the sand.
My commentary continued. . .
Something has to change and soon. At Preferred Properties ~ we are being as creative and proactive as possible with lease/options and owner contracts/financing, but it would help our market tremendously if they would ease up on the lending guidelines. . .Which would increase employment both in the lending and real estate industries.
Thanks for reading. . .For What It's Worth.
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