President Obama: Please Make “New Home Construction” Your Housing Priority

Dear Mr. President:

On September 7, 2009 I wrote a letter to you , which was published in Realty Times,  outlining the housing problem and recommending solutions. In that letter I outlined the impact of a new home sale vs a resale, and the enormous difference building a new home makes not just on jobs per se but on pay checks in general

We need to hear the sound of nails pounding into roof tops. No other manufactured product can match ‘new construction’ as a symbol of a recovering economy.

I urge you to read my letter if you have not. We need to be thinking ‘new homes’ as a phase one recovery strategy. Foreclosures and short sales will be with us for a while, but we need to see a goal as a country, say 1 million new homes in 12 months and give the home builders the tools they need to help you rebuild the housing market.

Please read the letter. It is based on my 35 years experience as a new homes broker and the veteran of four recessions in this country.

Thank you, sir.