I was lucky enough to be in college during the 2008 economic crisis.  While I worked some jobs part-time, I was studying full-time so I wasn’t doing any serious job-hunting when many companies were at risk or significantly tightening their belts.  I didn’t own a home yet so “sub-prime loans” and “adjustable-rate mortgages” didn’t mean a whole lot to me. I was in college bliss, the worst of my worries were paper deadlines and making it to my 8 a.m. class.

While it is by no means a documentary, the movie The Big Short opened my eyes to this time in history and how some people got themselves in major financial trouble. The movie The Big Short is at times confusing, but a fascinating moving with an unbelievably talented (and not to mention beautiful) cast. Check out the trailer below if you haven’t seen it!

 

 

As realtors, our team is rarely in the office at the same time. So I planned a mid-week movie night for The Nelson Group to get together, eat some food, have some laughs, and chat about a movie that relates to what brings us all together, the housing market.

I can’t begin to articulate our great discussion after the movie, but I’ll just tell you it was fun to discuss the similarities and differences of the 2008 housing market compared to now, and how the crash affected Sioux Falls.  The Big Short is a must see and is now on Netflix!

 

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[Team Selfie! After Kaylee and Beth had to leave]

 

Mortgages, the housing market and knowing when to buy or sell are all difficult subjects to understand. I want to answer all of your questions and help you make the best decisions for you and your family. Call 605.261.8396 to chat about your housing dreams today!

 

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