Real Estate News by GLG Council Members

The referenced article begins with the now usual doomsday message which many including this writer have now exhausted ad nauseam.  Three relatively short paragraphs later, the Editor-in-Chief wraps up the forgone conclusions neatly and attempts to move on to some new meat.  You can read the rest of the article to absorb his wisdom.  This guy is a great real estate investor and journalist...

To assert that "times are tough but not as tough as during the recession of the early 2000s" is to look no further than the numbers, ignoring the underlying issues, which the NAR and many other trade organizations are quite good at. The numbers may not show it now, but the commercial real estate market is, or certainly will be, much worse than during the recession of the 2000s. In fact, we may look...

The DC regional commercial real estate market is beginning to feel the pain of the slowing economy. And As this writer has been expressing there are those still in major denial. By sitting back and watching Rome burn, they are contributing to the continued decline. At least some landlord's are finally seeing what they need to do.  I had written an article for GLG over year ago...

Present inflationary and other negative concerns are affecting the local economy but can property developers ride out the strom?

The Philippine government's stricter bidding procedures for its prime property in Bonifacio Global City in Taguig, Manila shows its renewed efforts for transparency which could actually translate to more FDI's in the long run.

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?...