Quick, get your webcast software up to date. Starting at 10am today the Subcommittee on Housing, Transportation, and Community Development is holding an open session entitled, "New Ideas to Address the Glut of Foreclosed Properties." One real estate 'celebrity' will testify and that is Dr. Stan Humphries the Chief Economist at Zillow. The other witnesses are Allan Dechert, President, New Jersey Association of Realtors; Bob Nielsen, Chairman of the Board, National Association of Homebuilders; Chris Krehmeyer, President and CEO, Beyond Housing; Laurie Goodman, Senior Managing Director, Amherst Securities. [Official site via Twitter]
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