The Butterfly Effect Hits Real Estate: LA Real Estate Expert 'Butch' Charles Grimes Goes To China To Study The Reasons Behind US Soaring Construction Costs

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In economic circles, John F. Kennedy’s sentiment, “A rising tide floats all boats”, leads one to believe that a construction boom would be great for everyone. “Not so,” states Urban Advocate and Real Estate Expert Butch Grimes as he leaves for the People’s Republic of China on March 16, 2006 to delve deeper into the reasons behind the escalating price and unavailability of construction materials in the U.S.

In economic circles, John F. Kennedy’s sentiment, “A rising tide floats all boats”, leads one to believe that a construction boom would be great for everyone. “Not so,” states Urban Advocate and Real Estate Expert Butch Grimes as he leaves for the People’s Republic of China on March 16, 2006 to delve deeper into the reasons behind the escalating price and unavailability of construction materials in the U.S..

Butch Grimes is creator of the We TalkNetwork and co-host with Victor Jackson of the radio talk show, We TalkRealEstate. (http://www.wetalkrealestate.com) Heard on Monday nights in Los Angeles on KTYM AM 1460, Grimes is an advocate for the Urban community;

“We TalkRealEstate is the real estate information provider for the urban market. Our mission is to inform the uninformed and to be the catalyst between the 'haves' and the 'have nots'," states Grimes.

A futurist in the real estate industry, Grimes began to investigate the rising costs of construction materials and the diminishing incidences of affordable housing in new construction developments. He discovered that the source of the shortage of lumber, concrete and building materials in the U.S. was linked to the devastating natural disasters like Hurricane Katrina and the unprecedented growth of private construction in China.

Grimes is member of the Los Angeles County Regional Planning Housing Advisory Committee and a Master Faculty member of the acclaimed Graduate REALTOR® Institute (GRI) of the California Association of REALTORS®. He decided to take a pro-active approach to see first hand one of the issues contributing to the decrease in affordable inner-city housing. Grimes is also a member of the advance team for Professional Realty Institute (PRI) leaving for China in April and will meet with the General Manager and representatives of Century 21®, the largest American franchise to operate in China with more than 800 offices. A live broadcast of the show, We TalkRealEstate will be aired from China on Monday, March 20, 2006 at 6 pm Pacific Time on KTYM AM 1460 as well as over the Internet at http://www.wetalkrealestate.com

“We are pleased to have a member of our faculty bringing back vital information for the American consumer. Understanding how private parties buy land, how commissions are earned and how the government acts as a title company land insurer will lead to greater understanding of the Global real estate marketplace,” states Buck Stapleton, PRI Vice President and GRI state coordinator.

For more information on the China Economic Development trip, interviews or comments please contact Butch Grimes’ Los Angeles Based representative Maureen O’Crean to schedule an interview before or departure at 310-379-9620.

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