The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (114055)	4/1/2008 9:57:45 PM
From: James Hutton	Read Replies (1) of 306849

"#2 is another bank subsidy program so so lenders don't have to lower the price on their REOs as much. 2.) The upcoming bill also is sure to attract a GOP amendment by Sen. Johnny Isackson of Georgia to award $15,000 tax credits to people who buy and move into foreclosed homes. That would sharply boost demand, Isackson says. Lawmakers in both parties support the idea." Guess who else this might help . . . "Shortly after graduating from the University of Georgia, he opened the first Cobb County office of Northside Realty, a prominent Atlanta-area real estate firm. He became company president in 1979, a post he held for 22 years, during which Northside became the biggest independent real estate company in Georgia. . . . He is ranked the 7th most conservative Senator by National Journal."

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