Bruce Norris is joined this week by Gary Watts. Gary is the broker and owner of Impact Real
Estate. This is a private real estate
company that provides consulting services to not only buyers, sellers, and
investors, but also to companies affiliated with the real estate industry in
California. Gary is a well-known real
estate economist who began his career in 1971.
Today, he and his company are called upon to advise the home industry of
economic trends that will affect and effect their future impact on real
estate. He also manages investment
properties that they acquire for their investors. Bruce and Gary discuss the years when real estate was something other than residence, the beginning of monitoring interest rates, sales requiring loan originations in the 1980s, sub-prime loans, the Great Depression of the real estate industry, foreclosures and trustee sales, government involvement in the appraisal business, the advantage of charts, and much, much more on this week's real estate radio show and podcast.
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