GLG News in Real Estate

Local economies of Pampanga and Olongapo along with surrounding areas of Tarlac, La Union, Baguio, etc.  to grow along with national economy after opening of new Subic Clark Tarlac Expressway (SCTEx).

*Not all commercial real estate markets are created equal. Job demand and government spending fuels the commercial space market. As always, local space market fundamentals are key, regardless of what is happening nationally.

Every housing market is different, and that is why it is so difficult to grasp the question "What is the housing market doing today?"  However, in many markets, the pendulum is on the upswing.  The major factors involved in housing recovery are the following: 1.  Median income exceeds median house price.  When the average person can more than qualify for the average house, we are...

The underlying dynammics of the commercial real estate markets have not made sense for the last 18 to 24 months. It is only now that the overall economy is in turmoil that we are seeing the consequences of what were bad purchase decisions, bad lending decisions and bad development decisions. But make no mistake, it isn't a bad economy that is the culprit here. The bad economy is the metaphorical tide...

Working in the mortgage and real estate field everyday I'm questioned when will "things turn-around"?  Like myself, everyone has an opinion and there are different takes.  A few key points: 1. When are foreclosures and short-sales going to finally be down to pre-2007 levels? 2. Will the house pricing "bottom" be, as some proclaim, the latter half of this year, OR as far out as 2011- 2012?...

In spite of increased costs, Thailand's real estate market is improving. For 2008, there will be steady growth in the housing and retail sectors. Government policies will continue to play a role in real estate growth in Thailand.

I want to address our country’s energy situation. I want to compare it to what has been known for many years as the “Buy American” campaign which was aggressively mounted by the U.S. manufacturing industry. A campaign that I basically agree with.

May data for the Las Vegas housing market suggests that recovery is underway for the resale market.  Unfortunately, the data clearly points out that recovery does not yet extend into the new construction arena.

Three years after the change in the residential market, we have now come to the failure of the financial institutions which have supported the real estate backed consumer goods market of the recent past.  You might just as well have written the article about FNMA or FHLMC, as the same solvency analysis is probably supported.  The biggest banks and the last remaining major mortgage company...

Dale Reiss demonstrates her total disconnect with the markets when she states this time is a debt issue, while last time it was surplus.  This time it is overall debt, leverage AND supply. If "experts" like Reiss spent more time in the field, they would realize the supply is far ahead of demand for years to come.  Reiss give us little more than rear-view mirror fluff as she heads for the...