GLG News by Land Banking Experts (US)

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...

The Inman News feature article was correct on the continued rise in lender and builder inventories due to spiked foreclosure numbers, purchase cancellations and borrower credit qualifiers. However,the small blip upward in median home prices for California to $594,260 (June 2007) from $592,780 (June...

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...

The subject article talks about the concentration of Hispanic immigrants in the Phoenix metro area. The Hispanic population has always been an important component of Valley residents and now is even more so. I also refer the reader here to a further article entitled Valley salary growth lags behind...

1. Favorite First-to-Turn-Around Markets 2. Favorite Long-Term Markets 3. Favorite Market After Housing Bottoms 4. Favorite Fairly Priced, Highly Competitive Markets

Tightening lending requirements of remaining players and higher home loan rates will push the housing demand lower, adding further downward pressure to home prices and increasing the likelihood of Fed intervention.

The gas pump is easier to contemplate now that every twenty gallon tank-full is twelve dollars cheaper. Demand slipped and the big refiners and marketers chose the only way out by reducing the sticker at the corner. Oil is going to be beaten up when corn ethanol is substituted in whole or in part. We...

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....

I surmise that the rise in hotel room prices is a reflection of the decline of the US Dollar worldwide.  The boom in hotel construction is primarily occuring near coastal international vacation areas.  Although I live far from such areas, Other general contractors and I would be happy to at...