Bad News Good News - How the Bailout Impacts Real Estate
By chance did you catch the interview with the President of Coldwell Banker Hunt Kennedy (NY) on FOX News? If you didn't, you can watch it now.
In a nutshell, this bailout, while costing billions (and by some reports, trillions) of taxpayer dollars, could give lenders the opportunity to get back to lending and move the bad debt off the books, so to speak, from recent years.
If that is the case, it's yet another reason why now is a great time to buy. Watch the report and make your own decision. Remember, national news reports carry far more weight with consumers than one person's opinion. Right or wrong, it is what it is. So leverage that knowledge and inform your market. Send them a link to the report and let them draw their own conclusions. It might be just what the doctor ordered to help some potential buyers overcome their nervousness and move forward with a purchase.