By Tino Diaz, NAHREP Chair
New regulations alone won’t heal what broke our real estate market. Lawmakers can’t legislate character and integrity. The only real cure that will make a difference now in the housing recovery is our own deeds and a renewed commitment to ethics and good business practices. The buck stops with us, NAHREP practitioners.

Let’s be honest: We are in this economic mess because too many people lost their moral rudder. When the common good takes a back seat to self-interest, the equilibrium of our free market system gets thrown off and the market crashes.  This is exactly what happened in the foreclosure crisis. Too many people were eager to make a profit at the expense of others without regard for the consequence of their actions. Now we’re all paying the price. Read the rest of this entry »