GLG News by Land Banking Experts (US)

Commercial real estate pricing is accelerating because investors have money to spend: 1.This capital is drawn from the national coffers by increasing the amount of debt versus equity – in other words, we are leveraging our national economic future for this market; 2.The leverage shown throughout...

Subprime lending may be putting the breaks on recent positive trends in the Phoenix housing market.

  The NAHB's monthly survey of home building communities trended down again this month, after increasing over the last several months. The beleaguered Midwest showed some improvement, but remained that worst region in the country. The West also improved slightly this month. Nationally, the Housing...

A glut of 800,000 excess vacant homes will prolong the recovery for approximately one year. The recent surge in resale listings and completed new homes offered for sale includes a record level of unoccupied homes. The surge is both the result of investor activity earlier this decade as well as the result...

The mortgage market will benefit from: 1.  A new sub-prime industry with an equity requirement for buyers; 2.  The resurgence of the FHA; 3.  Attractive lender financing for foreclosed property.

Here’s what the future holds: 1.  Accelerated foreclosures/deeds in lieu/short sales leading to record inventories of unsold houses and for-sale pricing crashes nationwide; 2.  The inability of home builders, land developers and leveraged land investors/speculators to hold their positions...

The most recent article on speculative homes published in The Arizona Republic reports 12,000 to 15,000 units are sitting on the market - a drastic change from the 25,000 units reported by the same source just 3 months ago.  Do you trust the source of your information?

The Sunshine State exodus of families with children depicted in the Wall Street Journal article is reflected starkly in Florida’s 2006-2007 public school enrollment figures. Statewide, 48,400 new students were expected in 2006-2007, but only 477 showed up. South Florida public schools saw 15,000 fewer...

Mortgage defaults and tightening lending standards should be on the minds of those active in the home building industry. Not only are subprime lenders struggling, Alt-A mortgage providers are experiencing higher than expected default rates.

 The evidence piled up last week to support: 1.  The premise that housing prices will plummet as foreclosures rise, loans to facilitate housing purchases will become more dear as to terms if not cost and affordability is stretched further by energy, food and healthcare costs; 2. ...