Richard Smith, CEO of REALOGY talks about the real estate market: video
The CEO of Realogy, Richard Smith, recently was interviewed by Lou Dobbs on Fox Business News where he discussed steps to turn around the housing market. Reology is the parent company of many well-known real estate brands, including Sotheby’s International Realty.
In the interview, Smith forecasts that the second half of 2011 will be better than the second half of 2010. He attributes this rise due to no longer competing with statistics from last year when the market was benefiting from the tax credit from 2010.
He also comments on three things that could help to improve the housing market in 2011:
- Housing Summit
- Development of a National Housing Policy
- Improve under-employment rate
Please click on the image below to see the video about steps to improve the housing market on FoxNews.com