GLG News by Land Acquisition Experts (US)
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July 9, 2008Back to the 50’s …
Analysis of: Envisioning a world of $200-a-barrel oil | www.latimes.com
Author: Paul Burns, Owner, City Investments
Changes to housing, autos, urban planning, public transportation, carpooling, consumer goods and retailing, manufacturing, restaurants, agriculture, mining and utility providers are coming. There will be suppliers close to the ultimate user, zero or virtual mobility for workers and local vacations...
July 8, 2008Housing Market Costs Coming To Roost Now
Analysis of: Fix Congress’s Housing Fix | www.usnews.com
Author: Paul Burns, Owner, City Investments
The public is now going to be asked to support the housing mania of the 1st years of this century with tax look-backs to previous profits, with extended activity by the quasi-public lenders, Freddie Mac and Fannie Mae, and with government backing for loans written down to 85% of the new appraisal. ...
July 8, 2008How Long Is This Going To Take?
Analysis of: Bank Job | www.portfolio.com
Author: Paul Burns, Owner, City Investments
This article notes the recent statement building financing of financial institutions and concludes its opening remarks with “I don’t know, you don’t know, and they don’t know”. The article states the assumptions of current bank recapitalizations and in particular recaps the Bear Stearns acquisition. ...
July 2, 2008The Second Half: Buyer's Market
Analysis of: Unfinished subdivisions grinding to a halt | www.azcentral.com
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
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.
July 1, 2008Pushing to the Bottom
Analysis of: KB Home’s Loss Widens as Inventory of Unsold Houses Mounts | online.wsj.com
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
Investors and market observers can count on continued homebuilder losses, as home prices a pushed downward further.
June 23, 2008Commercial Real Estate Recourse Financing
Analysis of: Guarantee Gamble: Developers Dread Return of Recourse | online.wsj.com
Author: Paul Burns, Owner, City Investments
There were names like Fox & Carskadon, McNeil and Consolidated Capital among the biggest income property acquisition syndicators in the 70’s and 80’s, but no more. And no more are thousands of other syndicators of that era big and small, who generally fell by the wayside as they could not...
June 23, 2008American Demographics
Analysis of: The American Dream Goes On | www.usnews.com
Author: Paul Burns, Owner, City Investments
The referenced article begins with the now usual doomsday message which many including this writer have now exhausted ad nauseam. Three relatively short paragraphs later, the Editor-in-Chief wraps up the forgone conclusions neatly and attempts to move on to some new meat. You can read the...
June 17, 2008
LAS VEGAS: The Recovery Begins!
Analysis of: HOME INVENTORY INCREASES IN MAY | www.lvrj.com
Author: Steve Bottfeld, Principal, Marketing Solutions
LAS VEGAS: The Recovery Begins!
Analysis of: HOME INVENTORY INCREASES IN MAY | www.lvrj.com
Author: Steve Bottfeld, Principal, Marketing Solutions
May data for the Las Vegas housing market suggests that recovery is underway for the resale market. Unfortunately, the data clearly points out that recovery does not yet extend into the new construction arena.
June 16, 2008Hopw long wil our finacial institutions take to recover?
Analysis of: After $4.6 Billion in Losses Head Says FHA May Have To Shut Down | www.therealestatebloggers.com
Author: Paul Burns, Owner, City Investments
Three years after the change in the residential market, we have now come to the failure of the financial institutions which have supported the real estate backed consumer goods market of the recent past. You might just as well have written the article about FNMA or FHLMC, as the same solvency...
June 16, 2008Another Lesson to be Learned?
Analysis of: Lessons From the Housing Bubble | online.wsj.com
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
Our next lesson may be that homebuyers should carry some of the financial risk associated with owning a home.
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DBSI Failure Shows Spread of Turmoil in Real Estate
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"Bottom" of the housing market is not found solely at the relationship between income and house prices.
December 1, 2008
NAR--Not At-all Realistic
November 28, 2008
Believe Half of What You See and None Of What You Read
November 25, 2008
WITH FRIENDS LIKE THIS, TARGET DOESN'T NEED ENEMIES
November 24, 2008
IT'S STARTING!
November 20, 2008

