GLG News by Land Option Contracts Experts: Homebuilders (US)

The Zell money is assured of a reasonable profit at the close of the transaction.  Blackstone’s investors are a lot less certain to profit.  The buy is huge and comes after a long expansion of the economy.  The exit price here will depend on increases in rents.  You’ll need a similarly...

The long lag time for approval and development of high rise residential for sale product leads developers from a potentially profitable but small market niche to potentially disastrous construction.  Developers armed with yesterday’s market forecasts have made development decisions on projects...

Americans want to buy bigger and better perimeter detached houses or urban infill condos.  The housing industry now produces new homes at an average 2400 sq. ft.  Move-up housing buyers dream of ever bigger and finer designs.  Intricate designs are more expensive even when mass produced. ...

I agree.  Just look to the history of the financial troubles in Japan and Korea over the last thirty years.

Time after time the same thing happens.  Young men with an excess of testosterone see reality as being different from the status quo.  They bet on it and for some the winnings are huge in business.  The clarity they see the potential results with is amazing.  Or is it that they have...

What goes up fastest may sometimes have to come down hardest in the housing business. This article points out the suspected offenders under the heading “Where Not To Buy”.  The common problems here are employment and affordability issues.  The affordability issues go right back to employment...

There are four legs which increase the worth of real estate investments.  You can buy/build it for less, operate it for less, rent more of it or charge higher rents.  If you miss on one, the others have to work harder at the job.  It looks like we’re going to be working with less than...

The liquidity so near and dear to us in real estate is being stressed.  The public pension funds are the big guns in the institutional market.  Their sponsors at the State, County and Municipal level have promised more to workers than they can deliver.  The government entities are beginning...

Consider these thoughts. The average annual sales volume per agent for this company was almost $ 3.7 million in 2005.  Each seat then at the average 72 agent office generated over $ 180,000 in gross fees at the average 5 % fee Long and Foster generated last year.  The average agent carried...

Pulte and other big public home builders are just doing what they know how to do from experience in a slower market. The private builders among the largest say 200 are lagging the publics, but expect the same results there if not now then soon. The National Association of Realtors is accelerating its...