GLG News by Homebuilding Joint Venture Experts

The economy of the western United States has been thought to have underpinnings that are too solid to be affected by recessions. Among these economic undertakings are the gaming and tourism facilities of Las Vegas. This assumption looks to be shaky as set forth in the subject article. &nb...

For one reason, this industry has outperformed the commercial average for the most recent eight years. Secondly, demographics are driving medical services. More of the population is aging. People are living longer. And Medical technology is improving at a rate that provides new and better healthcare...

 The article shows what’s on the local mind as families in this average man’s town try to get from paycheck to paycheck.  Not surprisingly, the British grocer, Tesco, has called a 90 day moratorium to its aggressive market entry and store opening program in Arizona, California and Nevada. ...

Consider: “a lot of the financial system looks like it’s going to shrivel up and have to be rebuilt”; “it’s clear that we’re going to have a commercial real estate crash not too far short of the severity of the housing crash”; “the only good thing we have going for the U.S. economy now is the weak dollar...

This material is an easy reading two pages that proposes government programs that will take at least ten years to effect.  We haven’t begun to set up a government program as proposed and won’t in this lame duck administration.  So by the time the next government in Washington gets out of first...

The subject article chronicles the downward trend in retail sales and consumerism that was shown in the less than stellar Holiday season just past.  Other media have recently questioned the strength of the fashion sector as indicated by the recent closings in LRTW.

It’s preposterous to think that our real estate, homebuilding and home lending industries could with government approval in the last ten years have created the losses which threaten to upset the entire financial system of this county in a manner which may eclipse the thirties. 

Some homeowners with the means to pay their mortgage payments are halting those payments, walking away from their homes instead, accepting that they are upside down, and choosing 7 years of bad credit over an unknown period of negative equity.  If Mr. Bernanke is successful in his call to bankers-...

The Editor-In-Chief of U.S. News & World Report is torn between the development business and journalism.  Most often such divided efforts might result in mediocre results in both areas, but in this case Mr. Zuckerman has been outstandingly successful at both endeavors.  So his words to...

There are risks associated with homebuilding assets and contingent obligations.  This article alerts the reader to areas of interest.