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GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

The Demise of the Construction Industry

October 7, 2009

South Florida construction jobs continue to disappear | www.miamiherald.com

While the Top 20 construction markets of last year have taken a dive, fifteen of them survive to grace the list again. Florida, however, has been hit particularly hard.

FHA Likely To Be The Next Shoe To Drop

September 9, 2009

Loan Losses Spark Concern Over FHA | online.wsj.com

Decisions about the FHA will have a big impact on the housing market, especially since the FHA’s market share of the housing industry has grown substantially over recent years. With its insurance fund possibly running low, the FHA may be pressured to reign in risk and tighten lending requirements.

Appraisals Impact Sales Price, But Not Cancelations

September 9, 2009

Appraisal Angst | www.nxtbook.com

Builders are facing issues due to the new changes in the HVCC appraisal code. While for the time being they are adjusting their prices to keep their sales, the impact of these changes for the new home construction industry is yet to be seen.

Thriving Condo Sales

September 9, 2009

New Fannie Mae Condo Regulations Could Stifle Condo Demand | www.nuwireinvestor.com

Despite the new Fannie and Freddie regulations restricting mortgage financing, a condo project by Standard Pacific in Torrance, California is thriving. The success comes from knowing their buyer and structuring financing options.

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