Quick takes: Housing key to recovery, Bernanke says

Federal Reserve Chairman Ben Bernanke/Source: Federal Reserve

The Federal Reserve Chairman said last last week that underwater homes and depressed pricing are an issue; renting or restructuring existing mortgages might help. The comments came at the National Association of Homebuilders convention in Orlando. Associated Press via Sun-TimesRelated: Foreclosure settlement a good first step, The State Journal-Register.
Tips of the day
Staging essential for slow housing market. Arlington Heights Daily Herald.
Email marketing expertise: Tips on how to do it effectively from Chicago Agent.
Other news
Five misconceptions: About buying a newly constructed home, Trib Local/Aurora.
Sales increase: Gains seen in home sales numbers in Bloomington-Normal. Pantagraph. Also, B-N area seen as a housing market to watch. WJBC.
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About Jon Broadbooks

Jon Broadbooks is Vice President/Communications for Illinois REALTORS®. He serves as editor of online and print content for the association’s communications including the Illinois REALTOR® magazine and e-newsletters. He conducts spokesperson training seminars and oversees website development for the Association.

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