GLG News by Production Homebuilding Experts

The gas pump is easier to contemplate now that every twenty gallon tank-full is twelve dollars cheaper. Demand slipped and the big refiners and marketers chose the only way out by reducing the sticker at the corner. Oil is going to be beaten up when corn ethanol is substituted in whole or in part. We...

That miserable word unreliability is poking its ugly head above the surface in our logistics pileups. We have ships at anchor standing off our shores waiting for available dock space to unload their container cargo. Some of the most modern are so big that they can’t stand at the majority of the wharves....

I surmise that the rise in hotel room prices is a reflection of the decline of the US Dollar worldwide.  The boom in hotel construction is primarily occuring near coastal international vacation areas.  Although I live far from such areas, Other general contractors and I would be happy to at...

Favorite First-to-Turn-Around Markets Favorite Long-Term Markets Favorite Market After Housing Bottoms Favorite Fairly Priced, Highly Competitive Markets

No matter where you are, a billion is lot of dollars. You’ll see from the referenced article the estimate of $ 1 billion coming across the Mexican border into Arizona every year. We in Arizona send that amount and more back to Mexico annually as we visit and shop there too.

Apartment rents are rising in the Austin, Texas metro area . . . and they have to rise.   Construction costs in our area have risen dramatically in the last two years for a variety of reasons.  As this area continues to grow, apartments are needed.    To meet reasonable...

-Privately owned real estate companies -real estate funds -industrial companies with their corporate properties

   The Fl. Realtors article indeed makes an accurate portrayal of current market conditions for the Sunshine State as a whole. More of the same lackluster sales activity can be expected thru 2007 and on into 2008 as ARM loans are reset and increased difficulty qualifying potential home-buyers...

The housing market returns to heathly levels as percieved demand is replaced by real demand, and reverts to affordable levels to meet the real homebuyers needs.

Apartment rents are up throughout the country, sometimes considerably. The western U.S. has current occupancies of over 90% in the major markets. The weakest areas are where you might expect in Phoenix, Tucson, California’s Inland Empire and Sacramento. The combination here of relatively low wage structures...