GLG News by Land Banking Experts (US)

The contention of interest proposed here is that single women are generally interested in purchasing a home and that the home of choice is most often a smaller and more affordable unit.  OK, so I added the more affordable part, but I think you’ll grant me the inclusion.  A lot of attention...

The results of all this will be an implosion of prices in most markets.  I can make a case for New York City and Washington D.C., but the affordability there is so low that I think I’d be wrong to make the point.  Last year I was momentarily high on Las Vegas and I was wrong, so I’m reluctant...

There are signs that support a growing return of cautious optimism among homebuilders. Surveys of builders, including the just reported National Association of Homebuilders/Wells Fargo Housing Market Index, show measurable improvement in their confidence level. Although this is strongest among single...

This deal and its successors are the beginnings of the next trend in the office building market.  The underlying thought here for all the investors is that there will be quantum rent increases in the near term.  Never mind that these buildings are the repository of all the business risks of...

Last week, Toll Brothers reported a drop in quarterly profit from the same period last year. Perhaps more startling than the drop were comments from highly respected CEO Robert Toll. Wall Street’s housing analysts eagerly anticipate Mr. Toll’s regular comments, which are usually on target. Surprisingly,...

Las Vegas started a new era in 2006.Traditional residential statistics presented in this article and in many others like it have overlooked a major change in the market.  That change will impact the Las Vegas residential market for the next two decades.

The Investors’ Business Daily article by David Devoss accurately notes that condominium conversions are on the wane. Many apartment owners have made the decision to either not move forward with the legal reclassification of condominium; or, in many instances, to actually revert the status of their units...

I continue to think that we are a minimum 18 months away from a resolution or recovery in our housing market.  And I don’t think we have reached a bottom.  We haven’t seen a glimmer of stabilization in our major home builders.  I think this will be confirmed when these companies show...

Horton has primarily catered to entry-level homebuilders in the Phoenix metro area.  The builder has responded to current market conditions with even lower pricing than it previously had offered.

Subprime loans have become popular on the fringe areas of Phoenix.  Tightening subprime standards poses a threat to the market recovery.