I agree with you. Most likely it’s because realtors are so visible. With signage, car placards, etc., this is what the public sees. They only hear Barney Aldrich and his ilk.
While realtors may be guilty of cheerleading in the face of an impending downturn, this does not compare to the damage caused by mortgage brokers steering their own clients into toxic loans for an extra point on the back end.
We’ll see how it all shakes out. If this goes extremely sour, the public will want scalps.
