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GLG News by Land Banking Experts (US)

Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Study: Men's earnings shrink (www.latimes.com)
The factors outlined show that the growth in family income is being outpaced by the growth in family expenses. Something’s got to give and it will be the cost of housing that leads the giving. There aren’t many ways to get the family income up anymore now that the college degree is a standard and...
Howard Liggett, President and CEO
Howard Liggett, President and CEO
Distressed Real Estate Consulting Services, Inc.
Analysis of: Why Investors Should Consider Real Estate (online.wsj.com)
While many developers have avoided brownfields because of the necessary environmental clean-up and liability risks, these sites are prime real estate redevelopment opportunities. Available funding and insurance that reduces the risk of lawsuits and cost overruns are making revitalization of these blighted...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: KB to sell lucrative French subsidiary (www.latimes.com)
The consensus for the future as now laid forth for investors by the housing industry is that there can be no consensus currently. There just are too many variables to make a wise call guided by historical trends, it is said. And no one among the investors or the media today rises to dispute that forecast,...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: O.C. Builder ‘optimistic’ about coastal homes (blogs.ocregister.com)
There are lessons to be learned here. The company whose CEO talks here about current market conditions has been the subject of one of the most long lasting and intensive series of legal maneuvers by several corporate successor entities regarding the development of acreage in California. Hardly a real...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: This Week’s Real Estate Stories (webmail.west.cox.net)
Apartment rents will be difficult on the average to raise in light of the significant increases last year.  There is no shortage of rentals in the average market to cause a different result.  Strained household incomes will be difficult to stretch to higher levels across the markets....
Analysis of: New Urgency in Debating Health Care (www.nytimes.com)
The number of uninsured Americans increased over 13% over the last four years for which data is available. Florida was one of eight states identified as having a “significant” increase in the percentage of uninsured; 22% of adults employed in Florida were uninsured (#4 in the United States) and...
Analysis of: Taylor Takes 25 Million-Pound Charge on Florida Homes (www.bloomberg.com)
1. Taylor Merger a smart move 2. Pricing returns to Historic norms to move inventory 3. Taylor and Morrison fill each others holes.
John Burns, President
Analysis of: Home sales: Worst drop in 18 years (money.cnn.com)
Housing is Falling Much Faster than Reported
Jim Belfiore, President
Jim Belfiore, President
Belfiore Real Estate Consulting
May 8, 2007
Fear is a Foe
Analysis of: Lenders pull back, buyers lose dream of home (www.azcentral.com)
To date, lender tightening news has primarily been directed to the business world- not the consumer. This article, front page news written for Joe Consumer, is different. It talks of buyer dreams being shattered and one builder’s potential loss in sales being 10% in 2007.
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Market Watch Real Estate Weekly (webmail.west.cox.net)
The headline article lets us know that one in five homeowners is concerned about the possibility of foreclosure.I have other market information I am able to share with you without conflict.

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