Housing Crisis – really a crisis?

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…?

http://www.cnbc.com/id/15840232?video=780461999  

Data, data and more data...

Data, data and more data...

Advertisements

About Susanna "Susie" Kunkel, RA

With a belief that life is too short to not follow your dreams, Susie and her daughter became new Kauai residents in less than 4 months after visiting for the first time in 2000. She brings a wealth of information from her background in administrative, contract and paralegal work in a variety of industries including technology, investment banking, biotech and estate planning. As a Realtor, Susies's tenacious and technical approach have earned her a large group of extremely loyal clients. Susanna is a steadfast believer in "The Golden Rule", and applies it to her approach as a Realtor. "Each client and each property are unique, so it's important to me to listen intently to what my clients' goals are, and to make sure I go above and beyond to help meet them."
This entry was posted in Affordable Housing, America's Credit Crisis, Foreclosure Prevention, Housing market, Kauai market updates, Short Sales and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s