What Really Caused the Meltdown of in the Years 2005-2009? What lessons will we learn?

Realtor Outlook

June 2010

 

Some of those arrested under one company name moved to another and practiced their deceptive craft under another label. Two of the women arrested opened their own company, and I remember thinking that no one was supervising them.

When will greed become unattractive?

Everyone involved played a part; the home seller who sold at top dollar, Realtors who helped sellers price their home to get top dollar–including me; the Realtors who represented buyers and worked with unscrupulous lenders and their team of appraisers, processors and underwriters who made sure the mission succeeded. Everyone involved benefitted.

Sadly, everyone demanded that the lending community find a way for buyers to purchase homes at escalating prices. Human nature created this problem. The system allowed it.

These apples don’t fall far from any tree.

Kay Wilson-Bolton has been in full-time real estate since 1976.

About Kay Wilson-Boltonhttp://www.kaywilsonbolton.netWith a full-time career in real estate, I can add to your bank of knowledge, not only in real estate but in many areas of life that deal with people and relationships and choices. My real estate career has taught me many lessons about planning ahead and looking forward. I believe in helping along the way so that they can be the best they can be in any situation. I serve as a Fire Department Chaplain and Coordinator for the Many Meals Project which serves homeless and hungry families in my community. The event is far more than many meals. As a result of my work with the homeless population in my community, I received the Good Neighbor Award 2017 from the National Association of Realtors and named as a Champion of Homes in 2015 by the California Association of Realtors. I make pastoral visits to the inmates in the County Jail System and offer them what God says about "all things being new" and His remarkable plan for our lives. I have served my community as Mayor and in many volunteer capacities. I serve others by serving God first. My husband is involved in prison ministry and is a graphic artist. We live a simple life in Santa Paula with an office cat named Scout, three rescued poodles and a cat named Tony Diane at home.

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