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During the peak of the housing market, it was easy for anyone to get a mortgage loan to buy or build a house. But when housing prices fell and the recession began, buyers stopped shopping for homes, properties were left lingering on the market, and some of the largest investment banks in the country closed its doors. What caused this financial crisis and how has it affected REALTORS’®, businesses today?

The Council of Residential Specialists (CRS) will answer these questions in its next webinar The Global Financial Crisis: What Does the Future Hold on Tuesday, July 17, 2012 at 1:00 p.m. CST. Participants who complete this webinar will earn one unit of credit toward the CRS Designation.

Dale Carlton, CRS, the principal broker and owner of Carlton Realty in Fayetteville, Ark., and a certified CRS instructor, will lead the webinar.

During his 14-year real estate career, Carlton has brokered more than $3 billion in real estate closings and sold more than $100 in properties in Northwest Arkansas.

In this one-hour webinar, Carlton will explain how the housing crisis occurred, how it impacted the financial markets and what REALTORS® can expect in the future. Participants will learn what factors contributed to the latest economic recession, what impact the current economic climate has on lending practices and what agents can expect from lenders in the future.

Registration is $20 for CRS Designees, $25 for CRS general members and $30 for all other participants. To register, call CRS customer service at 1-800-462-8841 or sign up online here.

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