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

Paul Burns, Owner
Paul Burns, Owner
City Investments
November 6, 2006
This Is The Peak
Analysis of: Strong Demand for Industrial Real Estate (www.sdbj.com)
This market has prospered in recent periods.  The local economy has reflected or exceeded the national results.  As the national economy retreats, San Diego will retreat just a little faster.  As the housing market was the first with the highest levels of activity and price increases...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Your Next Home: Custom or Modular? Factory-Assembled Homes Surpassing Stick-Built (www.consumeraffairs.com)
The difference in the product in today’s housing market in high volume states such as Arizona, California and Nevada is a matter of delivery and the local labor pool and the state of assembly when the structure is delivered to the building site.  Stick-Built production housing in major markets...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: CB Richard Ellis Takes Trammell in $2B-Plus Merger (www.globest.com)
These two companies were founded by the best of entrepreneurs.  They prospered and faltered, regrouped and persevered through decades in the most uneven of businesses.  When they started out separately, you could hire gregarious, educated children of the rich who knew where to buy a suit and...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: This Space Not For Rent: Investors, Stores Buy Into Retail Condos (www.investors.com)
In the markets I review, the commercial condo market most often refers to the subdivision of parcels from say 10 to 20 acres for the construction of stand-alone, single-story commercial buildings sized from say 4800 Sq. Ft. to 9,600 Sq. Ft.  The retail/quasi-retail occupant who buys here is...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Builders' Shares Have Been Hot, Sparking Debate Among Investors (www.realestatejournal.com)
Securities investors seek trading profits in the short term based on indicators that are not always in keeping with the long term issues of the housing industry.  It may be that the latest move in the market is tied to the twin pillars of a stable discount rate and a fallback in oil prices. ...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Real estate boom was lowered in 2005 (www.dailynews.com)
The threat to California is that the growing supply of existing homes and the adjustable rate mortgages of the most recent active market will combine with the problems of the home builders to further accelerate foreclosure, deed-in-lieu or short sale activity.The way this thinking goes is that if lenders’...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Anchor Vacancies Bring Options (www.globest.com)
It’s exciting to see a retail space become available when the trade area has the right characteristics.  When the trade area has income levels in the upper say 20% of the region and lots of residents, you can get enthusiastic.  When your property is a 360 degree site at the right high traffic...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Airport Retail Takes Flight (retailtrafficmag.com)
The master plans emerging around international/hub airports have the potential to satisfy the space requirements of office and logistics users and residential households but retail will benefit in a lesser way: These are reasons: - Airport traffic will grow as international and interstate commerce...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: THE MILLS CORPORATION SIGNS LOI TO SELL INTEREST IN THREE INTERNATIONAL RETAIL PROPERTIES (www.rebusinessonline.com)
I can speak with some knowledge about two of the Mills properties, Ontario, California and Tempe, Arizona.The southern California property needs cosmetic help/repositioning in competition with recent higher scale developments.The Arizona Mills seems to be working well with good volumes reported by its...
Paul Burns, Owner
Paul Burns, Owner
City Investments
Analysis of: Realogy Buys Oncor International (www.globest.com)
Real Estate" href="http://news.glgroup.com/cm/analysis/browse/?a=s&sid=&rxid=10895&sn=Real%20Estate"> Realogy seems to be a company which looks to be number one in its marketplace.In residential sales, it holds about 25 % of the national market. Now it seems to have moved up to be...

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