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GLG News by Brokerage Experts: Commercial Real Estate

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September 25, 2007
Vegas Market Is On The Cusp of a Rebound
Analysis of: Local home sales stay down | www.lvrj.com
Author: GLG Expert Contributor
Las Vegas' residential sale market peaked in 2004, a full year ahead of other regional and national markets. By 2007, the Las Vegas residential resale market has stabilized at about 23,000 sales per year, which is "normal" for the size of the market. More indicative of stability is the "days on market"...
Mansur HasibSeptember 12, 2007
The Psychology of Home Price Changes
Analysis of: Understanding Recent Trends in House Prices and Home Ownership | www.kc.frb.org
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The author provides a scholarly examination of the relationship between expectations and price changes. The author concludes that Fed actions typically do not affect prices directly but they do impact expectations.
Mansur HasibSeptember 5, 2007
Possible Government and Fed Actions to Ease Mortgage Crisis
Analysis of: Bush, Bernanke Pledge To Stabilize Mortgage Meltdown | www.consumeraffairs.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The article essentially summarizes some of the key elements of some options such as refinancing options using FHA loans that the government will make available for creditworthy homeowners to be able to save their homes.   The article also suggests that the Fed may act to cut rates if...
Mansur HasibSeptember 5, 2007
Housing Market Summary
Analysis of: U.S. Housing Market Conditions | www.huduser.org
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
This report for the 2nd Quarter of 2007 is part of a regular series produced by the US Department of Housing and Urban Development, Office of Policy Development Research. While the first quarter of 2007 had shown some improvement in housing affordability, the second quarter showed an increase...
August 30, 2007
China retail analysis - poor journalism
Analysis of: At China's huge malls, high prices and few shoppers | www.csmonitor.com
Author: GLG Expert Contributor
This is yet another article announcing woes of the Beijing retail market. But the analysis is wrong, high prices are not the problem.
August 30, 2007
The Traditional Real Estate Brokerage Model Is Broken
Analysis of: Realtors See Drop in Ranks | online.wsj.com
Author: GLG Expert Contributor
A reduction in the total number of real estate agents in this country is not necessarily bad news for the industry - certainly not bad news for the remaining agents. But is spells trouble for the real estate brokerage businesses, particularly the large, corporate operationsand those affiliated with...
August 21, 2007
JupiterAndTheGardens.com residential analysis in Palm Beach County FL U.S.
Analysis of: American Home Mortgage Corp. files for bankruptcy protection | www.courierpress.com
Author: GLG Expert Contributor
Prices hold steady while time on market goes up. Inventory increases but sellers try hold to old prices from when they were higher. 
August 3, 2007
Commercial property market trends in Ireland
Analysis of: Irish spend €3bn in Q2 on overseas commercial property | www.independent.ie
Author: GLG Expert Contributor
·Interest rate environment challenging·Occupational markets performing strongly against positive economic backdrop & good balance between supply & demand·Development land market becoming more diverse ·Weight of investment demand easing against prospect of somewhat lower returns...
August 2, 2007
Different sectors of the property market performing to varying degrees
Analysis of: Irish now among world's richest | www.news.com.au
Author: GLG Expert Contributor
Housing market activity subdued as a result of affordability concerns, strong supply side response, political interference sentiment dissipating on the back of economic slowdown. Slight pick-up in activity and demand anticipated in autumn property investors still active based on rental growth prospects. A...
July 31, 2007
California Dreamin!
Analysis of: Sales down but prices, inventory rise in California | inman.com
Author: GLG Expert Contributor
The statistics published by the California Association of Realtors is not reflective of the reality of the market in California.  The California Association of Realtors has a vested interest in encouraging buyers to act now rather than postpone their decision to buy a home.   The reality...

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