GLG News by Land Acquisition Experts (US)

The subject article repeats the refrain common to the most overdone major housing markets in the country. Arizona, California, Florida and Nevada prices are way beyond fitting into the average budget and are going even deeper into red accounts. New York City and the surrounding states that serve as...

Just as the housing market was over stimulated by institutional/Wall Street funding, so too the commercial real estate markets in the major urban centers have followed with speculative excess. There has been little attention paid to creating value with easy money, to the contrary, the usual investment...

There are many proponents of the theory that the industrialized nations will face declining wealth through the coming century. The United Sates is not thought to be excluded from this effect by these thinkers. Those who believe otherwise as the article indicates feel there is no one else to assume the...

Consolidation will occur in the industry The strongest companies will survive the downturn five years from now there will be significant changes to the industry  

    Las Vegas has been unfairly characterized as a real estate market that will continue to melt under the stress of mounting inventory, the sub-prime crisis and lack of affordability. The impact of those forces on Las Vegas has been more severe on sales than on prices.       Overall,...

Wall Street has abandoned housing and the mortgage markets, the default ratios are up, consumer confidence is way down, wages are not keeping up with rising costs. The litany goes on through the press. Rarely do you see a positive note in the news as everybody is on the bandwagon now. The only recent...

Banks report increased delinquencies and overall lower earnings as the economy slows and housing drags. The reporting style here is yet corporate positive as CFO’s mirror the earlier performances of the major home builders, the Realtors and the Mortgage Bankers Association in denying housing issues....

The financial markets are primarily the product of the successes of government policies. That’s why the United States has led the world in wealth for the last century. That is, the benign nature and fertility of its land and the industrious behavior of its citizens have combined with the free but regulated...

The FHA plan discussed in this article puts the burden of poor individual and lender decisions on the government and taxpayers, perhaps not a burden many of us believe we should be required to bear. However, considering the magnitude and the possible effect on the markets if the 2.2 million resets...

Many analysts have failed to identify two of the major underlying causes of today’s housing slump. While nearly all correctly point to the sub-prime and affordability issues, nearly all overlook these two subtle, but critical, causations: (1) new home product simply hasn’t kept pace with demographic...