GLG News by Homebuilding Joint Venture Experts

That miserable word unreliability is poking its ugly head above the surface in our logistics pileups. We have ships at anchor standing off our shores waiting for available dock space to unload their container cargo. Some of the most modern are so big that they can’t stand at the majority of the wharves....

Favorite First-to-Turn-Around Markets Favorite Long-Term Markets Favorite Market After Housing Bottoms Favorite Fairly Priced, Highly Competitive Markets

No matter where you are, a billion is lot of dollars. You’ll see from the referenced article the estimate of $ 1 billion coming across the Mexican border into Arizona every year. We in Arizona send that amount and more back to Mexico annually as we visit and shop there too.

Horton's drop in net new home orders is alarming, given that the builder is the low price leader.  How will they alter their strategy to counter current conditions?

The housing market returns to heathly levels as percieved demand is replaced by real demand, and reverts to affordable levels to meet the real homebuyers needs.

Apartment rents are up throughout the country, sometimes considerably. The western U.S. has current occupancies of over 90% in the major markets. The weakest areas are where you might expect in Phoenix, Tucson, California’s Inland Empire and Sacramento. The combination here of relatively low wage structures...

The map presentation accompanying the referenced article is notable because in detailing the overvaluation of housing in four ranges not much of the map is left unpainted. We knew that before the map so adequately articulated the problem. The issue should lead us, though, to think further about the...

Payment requirements under land option contracts are an important consideration when evaluating the cash flows of homebuilders.

The pressure is intense for home owners, lenders, home builders and other investors to maintain housing values. Companies who provide financial and other services such as real estate brokers, appraisers and the like are dependent for their income on a steady to rising market. The home buyer on the other...

We see from the article that over 40 % of the nation’s imports by cargo ship flow through the adjacent Long Beach and Los Angeles ports which lie smack in the middle of the Los Angeles Metroplex. Moreover, the traffic at the ports will double in the next dozen or so years. The container port proposed...