Posted by: Todd Long | June 3, 2009

We take Capitol Hill

Jim Gillespie, President and CEO of Coldwell Banker Real Estate LLC, appeared on Bloomberg TV this morning as one stop on his Washington, D.C. tour.  Jim took this opportunity to while in the Rayburn House Office Building and the Hart Office Building to talk about the number of first time home buyers taking advantage of the $8,000 tax credit and buying the foreclosure and short sales, helping to alleviate our nations over supply of home inventory.  He also took this time to speak to:

  • Congressman Charley Rangel’s top aide
  • Congressman George Radanovich and his aides
  • Senator Richard Shelby’s top aides on the US Senate Banking Committee
  • Senator Charles Schumer’s top aides

about the many other reasons we are seeing a positive impact from the $8K first time home buyers tax credit and why the nation’s economy would benefit from expanding that credit to all buyers of primary residences for a year and increasing it to $15K.   He was meet with cautiously optimistic support of this plan.  He also made stops on CNBC and Bloomburg News.

A push to our government leaders from all of us, from Presidents of large Real Estate organizations  right down to the agents on the streets, would be a great help to get this market back on track.  I believe our market has corrected a health amount but this is enough.   Lioke Jim I feel we need to get the move up buyer back in the market not just the first time home buyer.  We need the buyers back in this market now.  Reach out to your Senators and House representatives.

Representative Karen B. Ray (lower Iredell, Co.)

NC House of Representatives 16 W. Jones Street, Room 1025 Raleigh, NC 27601-1096

Phone: 919-733-5741 or 704-660-5961 Email:

Representative Ric Killian (Mecklenburg, Co.)

NC House of Representatives 16 W. Jones Street, Room 1010 Raleigh, NC 27601-1096

Phone: 919-733-5886 Email:

Representative Thom Tillis (Mecklenburg, Co.)

NC House of Representatives 16 W. Jones Street, Room 1002 Raleigh, NC 27601-1096

Phone: 919-733-5828 or 704-248-2980 Email: or

Senator Kay Hagan


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