GLG News by Homebuilding Experts (Florida)

KB Home's decision to pull out of the Atlanta market is a sound business judgment and, although painful for the short term, will allow them to concentrate their operations within less competitive and more profitable markets.

Despite Pulte Homes', Toll Brothers', and D.R. Horton's (as well as others) decisions to walk from land, homebuilding remains profitable in the Desert Ridge area.

Age-qalified housing, when introduced, was a unique community concept.  The mega-developments that spawned across the U.S., particularly in Sun Belt regions, attracted buyers in droves.  Today, age qualified housing remains desirable though the conncept is no longer unique so sales per community...

The direction of the economy will largely be dictated by how many foreclosures occur during the next six months and how much further prices fall.

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. 

1 - Obviously, the "experts" have no clue what is going on. 2 - Miami dead and getting stinkier by the day. 3 - Orlando in deeper trouble as the Brits start to bail out because the pound is taking a hit, and the Brits have finally realized they were pitched a hype. 4 - Financing - Try and get it. 5...

Mr. Zuckerman, the Editor-In-Chief, writes persuasively here of declining, nay plummeting, home prices and new home construction and of the possible passing of the U.S. auto industry and of healthcare funding problems.  He makes the point that 10 million home mortgages exceed the value of the underlying...

The news here is that the chickens are coming to roost in one of the largest misapplications of capital yet.  Commercial real estate is overdone in most every sector and market and the banks of this country are among the culprits.  Ratios of three and more times capital lead to predictions...

Promote Malaysian property to the World A new retirement haven Government backing

As it turns out, gun dealers in Phoenix are supplying some/a bunch of the weapons which are being used in the drug wars below the Mexican border.  The Mexican Cartels send $ 15 Billion drugs to the U.S. and transports $ 10 Billion cash back to Mexico over the border.  As the article also tells...