GLG News by Land Brokerage Experts (Florida)

1. Taylor Merger a smart move 2. Pricing returns to Historic norms to move inventory 3. Taylor and Morrison fill each others holes.

Housing is Falling Much Faster than Reported

The market is searching for the light at the end of the tunnels...that light exists in meeting the consumers needs in price and location.

As we all know - the SW FL real estate market went wild for a number of years.  And, in Aug. of '05, it died a miserable - horrible death.....This market (residential) has languished for the past 1.5 years.  It has steadily declined throughout '06 and thus far in '07.  We have the rest...

  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...

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 rather limited survey, reflecting on my past statistics courses, do not provide a large enough sampling with which to apply an inferential analysis.  However, it is telling to a certain degree, as to the general populace's psyche where "progress" is concerned.  On this note I offer a...

Office condominiums are a hot market in many metro areas these days especially where land is at a premium.  As an investment over time, however, the history of equity returns are undocumented due to the concept of this form of holding property being relatively new. The dynamics should be reasonably...

This blip in the housing market radar is misleading at best.  US homebuilders have endured the steepest decline in a decade but this is just the beginning of the "correction."  The Orlando area and environs such as Kissimmee are saturated with new home tract builders and have been for quite...