Americans to Take Housing Recovery into Own Hands, Homes No Longer For Sale

TheGreatAmericanHousingRecovery.com is designed to rally Americans around the idea that they have the power to positively change the housing market on their own by taking their homes for sale off the market beginning July 4, 2009.

Phoenix, AZ (PRWEB) March 1, 2009 -- TheGreatAmericanHousingRecovery.com announced today the launch of its new site, which is designed to enlist the power of the American public to take matters into their own hands when it comes to turning around falling home prices. The site provides a forum for Americans whose homes are for sale a way to voluntarily commit to taking their homes off the market effective July 4, 2009. The goal is to immediately impact the laws of supply and demand and restore home prices so they align to realistic valuations.

As defined by Investopedia, "supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy."

supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy.

Yes, there are other fundamental issues with our economy, but the housing market led us into this recession and the housing market will lead us out. It just won't be solely at the hands of the government, it will be to some degree at the hands of the American people

Simply put, the issue is fundamental supply and demand. There are just too many homes for sale on the market. If we can get Americans to pull their homes for sale off the market then we immediately alter the supply side of the model.

America was founded on the principles that government is of the people, by the people, and for the people. Granted, the government has taken drastic steps in the last six months to assist with the recovery of the housing market, but much more needs to be done.

"Yes, there are other fundamental issues with our economy, but the housing market led us into this recession and the housing market will lead us out. It just won't be solely at the hands of the government, it will be to some degree at the hands of the American people," said TheGreatAmericanHousingRecovery.com. "Simply put, the issue is fundamental supply and demand. There are just too many homes for sale on the market. If we can get Americans to pull their homes for sale off the market then we immediately alter the supply side of the model."

Homeowners with their homes for sale are encouraged to visit The Great American Housing Recovery to register and show support by making a commitment to take their home off the market for 90 days (and ideally 180 days) on July 4, 2009.

AboutTheGreatAmericanHousingRecovery.com:
TheGreatAmericanHousingRecovery.com was created in the spirit of the American people whose legacy of action is the foundation for this great nation. Our goal is to bring together homeowners under the common goal of restoring home prices and regaining some portion of the value lost in recent years.

Investopedia is a trade-mark of Investopedia ULC.

Contact:
The Great American Housing Recovery

###

Post Comment:
Trackback URL: http://www.prweb.com/pingpr.php/Q3Jhcy1IYWxmLUhhbGYtTWFnbi1TaW5nLUNvdXAtWmVybw==

housing recovery recession depression mortgage obama american business finance

Bookmark -  Del.icio.us | Furl It | Technorati | Ask | MyWeb | Propeller | Live Bookmarks | Newsvine | TailRank | Reddit | Slashdot | Digg | Stumbleupon | Google Bookmarks | Sphere | Blink It | Spurl