Version 1:
With the release of September's new home sales today (Wednesday 27 Oct 2010), are we turning the corner on the housing slump, yet? Dallas-Ft.Worth-area Realtor Tom Branch says he thinks we're into a so-called"double dip" -- essentially another recession right on the heels of the one that was recently declared "over":
TomBranch1.wav :11 "...pre-election jitters now."
TomBranch1.mp3 :11 "...pre-election jitters now."
And Branch says he thinks it'll take at least 3-to-5 years to get out of the housing industry slump. He'd like to see Washington focus on getting America back to work, rather than expending any more time or money on programs meant to benefit the housing industry.
Version 2:
September's new home sales figures come out as one analyst predicts it'll take 3-to-5 years for the housing industry to get up and running. And, Dallas-Ft.Worth-area Realtor Tom Branch believes we're now going through a so-called "double dip" -- two recessions back to back. Certainly in housing, which is widely believed to be the trigger than plunged the nation into the first of the two recessions:
TomBranch2.wav :13 "...probably could do a home."
TomBranch2.mp3 :13 "...probably could do a home."
And -- if Branch were running things in Washington, he'd do things differently. Rather than expending any more time or money on programs
meant to benefit the housing industry, he would throw everything the U.S. government has at creating conditions for the private sector, generally, to create jobs. America, he says, needs to get back to work, if we're to pull our way out of recession conditions.
Version 3, Bob Morrison reports:
Don't pay too much attention to September's new home sales figures:
REMTomBranch.wav :28 "...Bob Morrison reporting."
REMTomBranch.mp3 :28 "...Bob Morrison reporting."
VERBATIM:
"So says Dallas-Ft.Worth-area Realtor Tom Branch, who says the dreaded,
so-called "double dip" -- 2 back to back recessions -- is taking place. And, we're facing a massive bubble of adjustable rate mortgages coming due in the next year: AUDIO INSERT TomBranch2.wav :10 '...2011 will be ok.'
Branch expects it'll take at least 3-to-5 years for the housing industry to get up to what could be considered a healthy level. Bob Morrison reporting."
*****To get your own interview****
Tom Branch
DFW Realtor
(cell) 214-226-4459
tom@thebranchteam.net www.thebranchteam.com