GLG News by Production Homebuilding Experts

    Las Vegas has been unfairly characterized as a real estate market that will continue to melt under the stress of mounting inventory, the sub-prime crisis and lack of affordability. The impact of those forces on Las Vegas has been more severe on sales than on prices.       Overall,...

Wall Street has abandoned housing and the mortgage markets, the default ratios are up, consumer confidence is way down, wages are not keeping up with rising costs. The litany goes on through the press. Rarely do you see a positive note in the news as everybody is on the bandwagon now. The only recent...

With traditional sales slowing and sellers desperate to unload properties due to financial burdens, marital discourse, death, job relocation or other pressures, sellers are turning to an old stand-by method of selling via an auction.  According to research from the National Auctioneers Association,...

A reduction in the total number of real estate agents in this country is not necessarily bad news for the industry - certainly not bad news for the remaining agents. But is spells trouble for the real estate brokerage businesses, particularly the large, corporate operationsand those affiliated with...

Banks report increased delinquencies and overall lower earnings as the economy slows and housing drags. The reporting style here is yet corporate positive as CFO’s mirror the earlier performances of the major home builders, the Realtors and the Mortgage Bankers Association in denying housing issues....

The financial markets are primarily the product of the successes of government policies. That’s why the United States has led the world in wealth for the last century. That is, the benign nature and fertility of its land and the industrious behavior of its citizens have combined with the free but regulated...

Many analysts have failed to identify two of the major underlying causes of today’s housing slump. While nearly all correctly point to the sub-prime and affordability issues, nearly all overlook these two subtle, but critical, causations: (1) new home product simply hasn’t kept pace with demographic...

The subject article talks about the concentration of Hispanic immigrants in the Phoenix metro area. The Hispanic population has always been an important component of Valley residents and now is even more so. I also refer the reader here to a further article entitled Valley salary growth lags behind...

1. Favorite First-to-Turn-Around Markets 2. Favorite Long-Term Markets 3. Favorite Market After Housing Bottoms 4. Favorite Fairly Priced, Highly Competitive Markets

The development of the real estate sector in India is mainly combined with strong economic growth, rising income levels and urbanization. Ever since the liberalization of the Indian economy, the urban landscape of India has changed dramatically. Initially the advantages of a growing economy and subsequent...