The chairman of MOVE, INC. (Realtor.com),Joe Hanauer, has been lobbying in Washington with a proposal that poses a solution to the question:
If home buyers had insurance to protect them from falling home values woud it give the needed "boost" to home sales that is needed to breathe new life into our failing economy?
He’s suggesting that the US government offer the insurance as a supplement to the "housing bailout."
WHAT DO YOU THINK OF THIS IDEA... DOES THE COST JUSTIFY THE BENEFITS... and how effective do you think it would be?
Follow the link to read the details of Joe's proposal.