Until recently, residents of the Carolinas felt pretty good about the market price of their homes and the seemingly higher and higher, year over year march of increasing real estate values. It was a given that you buy a home and sell it for more. And, the speculation going on along the Carolina coast was surreal. And then came 2008. What was it exactly that crashed the residential real estate party and began the raw process of wringing our debt and painfully plummeting home prices? Has the way we think about and value real state changed forever? This time on CBR, H.C. ‘Smoky’ Bissell, Patty Hendrix, Dr John Silvia and John Woodcock talk about commercial and residential real estate, construction and our way forward.
Tags: Dr. John Silvia, John Woodcock, Patty Hendrix, Smoky Bissell