In a recent commentary on CNBC, Dennis Kneale offers an interesting perspective on the “national crisis” buzz and what the numbers really tell us. Although for individuals facing foreclosure, and adjusting ARMs – it is definitely a crisis, Dennis raises some interesting questions about how the media has made this into a National Crisis, perhaps out of proportion.
On Kauai, I would agree that we have sellers in distress and a lending market that is now overly restrictive on lending guidelines, but that also means buyers have some wonderful opportunities. It’s important to not just react to the hype, but look through the market data yourself, have a qualified agent giving you real information and look for the opportunities that could help you fulfill your real estate dreams.
For your own personalized market reports on Kauai real estate, use my free online tool at www.KauaiRealEstateValues.com.
Watch the video linked below and let me know what you think…?