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GLG News by Homebuilding Joint Venture Experts

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, INC. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

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.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, INC. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Thank You, Uncle Sam

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.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, INC. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

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.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, INC. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

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.

Jim Belfiore, President

Jim BelfiorePresidentBelfiore Real Estate Consulting What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Good News, Bad Information

April 13, 2009

Valley homeowners starting to see mortgage relief from plan | www.azcentral.com

The industry is searching for some glimmer of hope, some good news; unfortunately, this week it came from a misinformed journalist who poorly researched a story that ended up on the front page of the Phoenix Metro Area's main daily newspaper.

Jim Belfiore, President

Jim BelfiorePresidentBelfiore Real Estate Consulting What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Desert Ridge: Down But Not Out

December 24, 2008

Development Halts Desert Home Project | www.azcentral.com

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.

Jim Belfiore, President

Jim BelfiorePresidentBelfiore Real Estate Consulting What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Biggest Priorities: Slow Foreclosures, Stabilize Prices

October 31, 2008

Tested in the West | www.azcentral.com

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.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, INC. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

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. 

Richard Baland, Sole Proprietor

Richard BalandSole ProprietorRichard Baland, CPA What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Winners and losers in Healthcare IT

October 14, 2008

Stark Offers Bill to Hasten e-record Adoption | modernhealthcare.com

This will soon be the best time in history to be selling Healthcare IT software and services. More money will be spent in the next three years than ever before. It may not be the best time for the staff at many hospitals. The staff are woefully unprepared for a quantum leap in Healthcare Technology.

Jim Belfiore, President

Jim BelfiorePresidentBelfiore Real Estate Consulting What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

The Second Half: Buyer's Market

July 2, 2008

Unfinished subdivisions grinding to a halt | www.azcentral.com

Bad news for some, though, will soon turn out to be good news for others.  The second half of this year will yield ample opportunities for residential land / lot buyers.  

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