IS THE HOUSING CRISIS REALLY A “CRISIS”?

In his commentary, Dennis Kneale of CNBC crunches the numbers.  CNBC has posted a very interesting video (it’s only two and a half minutes) in which Dennis trys to put the housing statistics in some perspective.  He makes his points well.  If you’re getting foreclosed on it won’t make you feel better.  But, if you’re looking at the market as a buyer, seller, investor, or professional agent he has a very interesting point of view.  His video is available here.   We would love your comments.

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