Wednesday, April 28, 2010

The Recovery Continues (Autoblog)



Since the housing market decided to collapse, people have been luring buyers into their properties with incentives. Vahe Hagopian, a listing agent in Malibu, even offered up his Ferrari to try to make a sale.

If someone were to buy his client's house (6,000 square feet, $4.4 million), he'd throw in a classic Ferrari F40 to sweeten the deal. Hagopian says, "Nothing is moving in this area. It's unprecedented."


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