FOR IMMEDIATE RELEASE

Contact:	Jeanette Tighe
	Regional Director
	EXIT Realty of New England
	Phone: (978) 273-0587
	E-Mail: tighej@comcast.net

Friday, May 29, 2009

Tighe Helps Plan National Real Estate Road To Recovery

Burlington, MA (Grassroots Newswire) - Jeanette Tighe of the Eastern Middlesex Association of REALTORS® and EXIT Realty of New England in Burlington, Massachusetts joined approximately 8,000 Realtors® who gathered in Washington to inspire action on Capitol Hill that will help stabilize the real estate market and encourage economic recovery as part of the National Association of Realtors® Midyear Legislative Meetings & Trade Expo. The meetings took place May 11-16.

During the week, Tighe participated in NAR's "Real Estate Summit: Advancing the U.S. Economy," an all-day program of sessions to address and meet head-on the challenges facing today's residential and commercial real estate markets. Realtors® were joined by a number of policy leaders and industry experts, including U.S. Department of Housing and Urban Development Secretary, Shaun Donovan; Federal Deposit Insurance Corp. Director, Sheila Bair; former Federal Reserve Board Chairman, Alan Greenspan; and former U.S. Secretary of Labor, Robert Reich.

"As the leading advocate for housing issues and homeownership, Realtors® urge the federal government to make stabilizing the real estate market a priority," Tighe said. "We will continue to press the Obama administration and Congress to keep taking meaningful action toward this goal."

Tighe met with Congressman John Tierney for whom she is the NAR coordinator as well as all of the Massachusetts Senators and Congressmen to reiterate the importance of this issue and discuss other subjects, as well, including protecting the mortgage interest deduction, facilitating short sales, easing limitations on mortgage availability and encouraging mortgage reform, ensuring affordable insurance through small business health care plans, and initiating effective energy efficiency legislation.

"Moving the real estate market forward is imperative," said Tighe. "The goal of this year's meetings is to develop a series of 'next steps' that will serve as a blueprint. We believe in a multifaceted approach to stabilization that includes making mortgages more affordable and available, reducing foreclosures and incentivizing home buyers." To this last point, she added, "The $8,000 tax credit currently available to first-time buyers through November 30, 2009, will help thousands of consumers take advantage of opportunities in today's housing market and realize the dream of homeownership."

The National Association of Realtors, "The Voice for Real Estate," is America's largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.

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