About Greenlight

During 1986, Green Light Real Estate was established in Los Angeles by independent real estate broker, Charles J. Crable, IV. Having worked with a small group of licensed agents, the early nineties proved to be similar to the current economic climate. The interest rates were higher but home prices were depressed where the Department of Housing and Urban Development seemingly couldn't give houses away. But in most Southern California areas using the additional moniker of HUD ONLY real estate, we sold more than 400 homes for the federal government during the mid to late nineties and even more through non-HUD channels. We represent clients from South Orange County to Bakersfield, Oxnard, and Ventura to Riverside.

A strong relationship with HUD included my serving as the chairman of an ad hoc committee formed to publicly support the department and save the HUD/REO program from those in our government who were trying to divest HUD of all its inventory in favor of private enterprise. We had over 200 committee members. With coordinated efforts from other groups across the country, including the National Association of Realtors, we prevailed.

The period was also highlighted by a fabulous HUD sponsored "Home Buyers Fair" where thousands of homes were introduced in an atmosphere of festivity and excitement. I will remember those days fondly with tens of thousands attending and meeting clients-to-be at our booths and later working one on one, putting them in their first homes.