What Caused the Mortgage Meltdown in South Carolina? The Housing Crisis in Columbia?

January 29, 2008 6:58 am Kathy Smith FSBO, Lake Murray, Midlands, Richland, ballentine, bank of america, blythewood, bofa, buyer, buying, chapin, columbia, cow lady, credit, first time, first time buyer, home, home owner, house, housing market, irmo, jeffcoat, kathy smith, lexington, mortgage, prices, problems, real estate, realtor, relo, relocation, russell, sc, seller, selling, south carolina

For those of you who have read this blog for a while, you know I think the whole concept of having some sort of meltdown or crisis in the real estate economy is a bunch of “hooey”.  Perhaps I’m a bit spoiled, here in Columbia, South Carolina where the market is basically insulated from any wild swings in property values.  However, for those that are convinced we are in crisis mode, this two-part video is just for you.


Part One:  

Be sure to click “read the rest” to see part two of this fascinating report!

There are plenty of fingers being pointed and tongues wagging about what really started it all, especially in the media.  Imagine my surprise when I stumbled across this gem on television - a frank discussion of what really went down, and who is to blame in regards to this panic over real estate.Who is being hurt most of all in this “crisis”?  How do you protect yourself in the long run?  Will this correction affect you?  Be sure to watch both segments for more details!

Part Two: 

Your “No Bull” Realtor,

Kathy Smith
Russell & Jeffcoat Realtors, Inc.
(888) 808-4Moo ext. 0
(803) 781-5729
http://www.kathy.smith.net/

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