“One more time? We've done this. We've done this at least four times where there's a new government program to help homeowners who have trouble with their mortgages. None of these programs have worked. I don't know why anyone would think that this next idea is going to work. All it does is delay the clearing of the market. As soon as the market clears and we understand where the prices really are - that will be the most important thing we can do in order to improve home values around the country.” ThinkingKnowsDoeImportantIdeasCountryDoneHelpingHomeGovernmentValuesOrderNextCan DoFourTroubleProgramImportant ThingsConservativeMore TimeDelayGoing To WorkMortgageClearingGovernment ProgramsNew GovernmentConservative ValuesHomeowners Author:John Boehner
“Home Star is a common sense idea that would create jobs and provide a boost to local economies, while helping families afford their energy bills. By encouraging homeowners to invest in energy efficiency retrofits, Home Star would create 170,000 manufacturing and construction jobs that could not be outsourced to China.” IdeasHelpingHomeJobsEnergyStarsCommonEconomyBillsChinaLocalsCommon SenseConstructionEfficiencyManufacturingBoostEnergy EfficiencyHomeownersOutsourced Author:Peter Welch
“For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs.” HomeValuesStarsTermEconomicKeysCostProgramAccomplishRecoverySavingBarriersLastingBreaking DownShort TermSaving MoneyBoostHomeownersEconomic Recovery Author:Peter Welch
“Based on the overwhelming array of luxury products manufacturers have recently introduced, homeowners want anything that makes their lives more comfortable at home. Whether it involves heating/warming accessories or spa-like home environments, it's part of the 'cocooning' phenomena that has resurfaced. People are spending more time at home and they want to be comfortable. They want to use their home to its full potential, not just as a place to eat and sleep between workdays.” PeopleWantUseHomeSleepEnvironmentProductsComfortComfortableSpendingLuxuryMore TimeOverwhelmingAccessoriesFull PotentialHeatingSpasHomeownersHome Environment Author:Stephanie Miller
“A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.” NeedsYearsHomeLevelsBuiltMajoritySignificantDespiteDeclineEquityHousingTriggersMortgageWithdrawalHomeownersForeclosureHome Equity Author:Alan Greenspan