Wednesday, February 17, 2010

Dave Liniger is Right!

At a recent Five Star Government Forum in Washington D.C.,Dave Lininger,ReMax International Chairman and Co-Founder,urged government and economic leaders to push lenders to release foreclosures to help speed the economic recvory. Dave pointed out that with the Homebuyer Tax credit, still avaialble thru April, driving buyers to the market you have a limited window of opportunity to get these homes sold. He's right and I would add that getting these homes on the market now and getting them sold will help get rid of these distissed properites so that the maket can begin to stabilze and eventually see appreciation again. Of course,this would be the right thing to do. That's the problem: lenders have demonstrated they have no clue on what the right thing to do is, only on what puts more money into thier pockets (ie-bonuses)and takes it out of ours.Great idea Dave! To bad to won't happen.!!!

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