Consumers Are Not Getting Enough Credit in Today’s Market
Between oversupply, bank failures and countless other reasons we all have our opinions as to the problems of today’s housing market. We’re also aware of challenging issues in the credit market but have we really considered the cost?
It’s not just a little consumer and Realtor frustration. The absurdities of today’s credit markets are costing our economy and individual consumers millions. What can our industry do to help? What can we as practitioners do to help? The first step is making the public aware.
Start spreading the news...
This article published on Sunday, March 7th, 2010 at 11:53 am | Contact the editor
Topics: Politics
About this Columnist (Full Profile)
Realtor, Speaker, former Indianapolis radio personality. Least prettiest person ever on HGTV. Crashed in a helicopter and a Cessna 182. Seven lives left. Blessed by an amazing family!
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- Real Estate Feeds:
Consumers Are Not Getting Enough Credit in Today’s Market: Between oversupply, bank failures and countless other r… http://bit.ly/9umHWE
- jim hellorinds:
new blog post: Consumers Are Not Getting Enough Credit in Today’s Market http://ow.ly/16JXmb
- AgentGenius:
#agnow No question about it. Access to credit is a huge challenge. Banks are just sitting on their money, stockpi… http://bit.ly/attKru
- topsy_top20k_en:
Consumers Are Not Getting Enough Credit in Today’s Market: Between oversupply, bank failures and countless other r… http://bit.ly/9umHWE
- Top 10 real estate posts of the day for 3/8/2010:
[...] Consumers Are Not Getting Enough Credit in Today’s Market – Access to credit, HVCC, all things that are helping keep the market [...]
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No question about it. Access to credit is a huge challenge. Banks are just sitting on their money, stockpiling it in their reserves when they’re not spending millions to lobby Congress or hand out bonuses. There should be a way to “encourage” banks to open the credit markets, again, but I surely don’t know what it is.
Unfortunately, NAR and the banks don’t really get along. So, unless NAR can get some folks in Congress to do something I wouldn’t expect NAR to be much help.