By – Rick King – KOAT Editor
Not so long ago I was deeply involved with the housing markets. 
I remember clearly the impact the housing market had on so many businesses where I worked. I remember asking myself over and over what had led us to that point in disbelief.
Months before – getting access to the resources to purchase a new home was a foregone conclusion as long as your credit score was acceptable by the lending institution. Home flippers – those who excelled at buying previously-owned property, restoring it, and selling for a quick turnaround profit – abounded. There were multiple television shows dedicated to the concept. An average home buyer, or even speculative house “flip” business needed only to have the will to make it happen. Lenders were plentiful.
In the earlier part of this decade the economy was healthy and confidence was high. New buyers were plentiful. The clouds parted daily and the angels sang and the Sage Counsel of Alan Greenspan kept us on course. Then things gradually changed – in ways transparent to many of us… until it was too late.
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