My broker went to a RE/MAX meeting in Pasadena on December 4, where RE/MAX founder, Dave Liniger, was speaking. He writes,
"Liniger has been, and is, the only Real Estate person that congress has been in touch with for ideas on how to solve the housing crisis. He has given pointed suggestions and is confident that congress will ultimately solve the problem.
"Today's Wall Street Journal, front page, has an article "U.S. Eyes Plan To Lift Home Sales" where the government is considering a plan that could help some people obtain mortgages at 4.5%. That's great news.
"Dave Liniger thinks the market in 2009 will be just like 2008. NAR's opinion is that 2008 was the bottom and 2009 will see an increase in sales."
Source: my broker, RE/MAX of Valencia
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