
President, JOHN BURNS REAL ESTATE CONSULTING, INC.
Member of the Real Estate Council
John Burns is President of John Burns Real Estate Consulting, Inc., which helps real estate industry executives by analyzing and summarizing the information they need to make decisions with more confidence. Mr. Burns is on retainer with a number of companies, both in the housing industry and Wall Street, to monitor housing market conditions, and to help them refine their strategies in an ever-changing environment. He also completes customized consulting assignments to help them with land acquisition, market expansion or strategic planning decisions. Prior to founding the company, he was Senior Consulting Manager at KPMG (now BearingPoint) and Principal at a national real estate consulting firm. He is a CPA and has a MBA from UCLA and a BA in economics from Stanford University. He has been quoted by CNN, ABC World News Tonight, Business Week, and The Wall Street Journal, among others. (This is me - Update Profile)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Short Sales Are About to Increase
October 5, 2009
Short Sales: A Fraying Lifeline for Homeowners | www.businessweek.com
Treasury is announcing new terms that they hope will encourage more short-sales. These transactions have not been very effective in the past, and while this is probably not going to be a game changer, it’s wise to expect the incentives could spur some level of increase in short sales.
September 2, 2009
Hope can fuel bulls' charge as stocks rally despite worries | www.usatoday.com
We believe that the recovery will be W-shaped and that April was only a false bottom. Our estimate is that there will be a slowing beginning in December, and that we will hit the true bottom in summer of 2010.
Policy Makers, CEOs and Investors Beware
August 26, 2009
1. Mortgage Rates to Benefit from Stabilized Home Prices, Jumbo Mortgage Rates in Particular | www.examiner.com
The emergence of home price stabilization is spotty and should not be over-simplified. It’s important to look at the underlying indicators to see where stabilization is actually taking place.
Has Housing Construction Really Bottomed?
August 26, 2009
U.S. Economy: Housing Starts Gain to Seven-Month High (Update1) | www.bloomberg.com
The recent good news in housing starts is based on seasonally adjusted data, which can fluctuate and affect solid conclusions. Non-seasonally adjusted data across a 12-month period is a more stable reflection of construction activity.
Are Consumers Paying Down Debt?
October 17, 2008
Consumers Pay Down Debt For First Time In 10 Years | www.marketwatch.com
Consumer borrowing has decreased for the first time in over 10 years as outstanding revolving and non-revolving credit fell in August. This may be an indication that Americans are pulling back on spending as the financial and housing markets continue to deteriorate.
| Study Group Name | No. Members |
|---|---|
| Production Homebuilding Experts | 1727 |
| Land Banking Experts (US) | 481 |
| Mortgage Servicing Experts | 219 |
| Land Brokerage Experts (Florida) | 93 |
| Homebuilding Experts (Florida) | 93 |
September 11, 2008 | New York
GLG Panel: (NYC) US Homebuilding and LendingMarch 12, 2008 | San Francisco
GLGi: National Housing Market OutlookJanuary 10, 2008 | New York
GLGi: National Housing Market OverviewJanuary 9, 2008 | Boston
GLGi: National Housing Market OverviewAugust 3, 2007 | New York
GLGi: Regional Housing Market Roundup