Barry Johnson…
Welcome to the Jungle Baby! That’s how we started the show today. As if things were not bad enough for real estate agents right now, they went and made Slash from Guns N’ Roses mad. Mr Slash has filed a lawsuit in LA County alleging, among other things, fraud. Joining the ranks of Marty Ummel in her lawsuit against her realtor, Slash says that he has been had and suffered extreme emotional distress. By the way, don’t forget to read the lawsuit.
We interviewed Chuck Davis and Maston Crapps today. These guys are thinking way out of the box. They are heading to the International Property Show in Dubai, United Arab Emirates. These guys realize that they are going to have to be proactive to get their business going. They are selling large tracks of land in Florida and Georgia. We are going to be checking back in with them in a couple of weeks to see how the trips went.
We changed things up today and did the news late in the show. We talked about the report commissioned by CNNMoney.com regarding the 100 worst zip codes for foreclosure. It has been settled, Barry C and I are booking our trip to Las Vegas BABY! Also in the news today, major builders are offering “Price Protection” to their homebuyers. Can this be a signal the major builders think that prices are unlikely to continue falling? Listen to this episode and see what we think.
Here are the links to the stories we talked about today:
- Las Vegas tops foreclosure list
- Foreclosures: 100 worst hit zip codes
- Builders Court Buyers With ‘Price Protection’
- Local real estate could have global ownership
- Speculators May Have Sped Up Housing Downturn
