We lived in Bakersfield, CA, before moving to Oregon. We sold our home just before the real estate mania set in. Bigger and bigger homes were being built, and speculators (flippers) were buying from all over. McAlister Ranch was one such mega project, which is one of the reasons that Lehman Brothers is now in a mess (watch the following YouTube clip)
Meanwhile, here is a news item from a different part of the US--Muskegon, MI:
A man, allegedly upset over a real estate transaction, shot a realtor in the head at the realtor's office Tuesday morning.
Robert Johnson, 73, walked into Nexes Realty at 880 Broadway in Muskegon and asked for the realtor, Troy VanderStelt, by name. He went into a conference room and waited.
"It appears this was essentially an execution-style murder in the conference room," Muskegon County Prosecutor Tony Tague said. "He went over there with a handgun, asked specifically for this real estate agent, went into a conference room and within minutes fired a shot at point blank range into the side of the victim's head."
1 comment:
Nice Blog! The Bend Oregon real estate market keeps chugging along.
Things are getting crazy out there!
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