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GLG News by Land Banking Experts (US)

Analysis of: After Hiatus, Hotel Construction Booms (online.wsj.com)
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...
Howard Liggett, President and CEO
Howard Liggett, President and CEO
Distressed Real Estate Consulting Services, Inc.
Analysis of: Foreclosures Spread to Gulf Condos (www.al.com)
In this consultant's analysis of February 23,2007 entitled "Vulture's Market for Florida Condos on the Horizon",the current purchasing opportunities described in the above referenced Mobile Press-Register story were accurately predicted.  As I stated in February,the condominium...
John Burns, President
Analysis of: No Housing Turnaround for Two Years? (www.businessweek.com)
Favorite First-to-Turn-Around Markets Favorite Long-Term Markets Favorite Market After Housing Bottoms Favorite Fairly Priced, Highly Competitive Markets
James Butler, C.F.A, Ph.D., President
Rigley Financial Corporation
Analysis of: Countrywide profits fall 33% (www.inman.com)
Countrywide's heavy reliance on its underwriting programs and steady appetite for Pay-Option ARM's has created havoc for its portfolio management team. Countrywide's belief that it was smarter than the Mortgage Industry has led to this situation, and we have only begun to see the impact.
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Survey to gauge Mexican shoppers' ways (www.azstarnet.com)
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.
Jim Belfiore, President
Jim Belfiore, President
Belfiore Real Estate Consulting
Analysis of: Housing Market to Weaken Even Further as Mortgage Industry Takes Cure (online.wsj.com)
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?
Analysis of: Rents rise locally as occupancy rates dip (www.azstarnet.com)
Apartment rents are rising in the Austin, Texas metro area . . . and they have to rise.   Construction costs in our area have risen dramatically in the last two years for a variety of reasons.  As this area continues to grow, apartments are needed.    To meet reasonable...
July 24, 2007
Return to Reality
Analysis of: Florida's Existing Home Sales,Median Price Down in May 2007 (www.floridarealtors.org)
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.
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Rents rise locally as occupancy rates dip (www.azstarnet.com)
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...
Howard Liggett, President and CEO
Howard Liggett, President and CEO
Distressed Real Estate Consulting Services, Inc.
Analysis of: Florida's Existing Home Sales,Median Price Down in May 2007 (www.floridarealtors.org)
The Next Big Thing in Florida land development is quietly taking place along the pristine shores of Florida's Northeastern coastline.  Now is the time to buy into what has all the promise of becoming  Florida's new Miami Beach !

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