GLG News by Production Homebuilding Experts

We’ve arrived at a crucial time in this cycle where foreclosures and defaults both existing and imminent throughout the country threaten to tip prices over to substantial market price reductions.

Articles such as the one sited appear in major market newspapers weekly. My experience is that most of these fluff pieces are poorly researched, anecdotal at best and present no real useable insight into the market. They may actually do more harm than good, as they mis-inform the reader

When the housing market moves up, it moves up at a rapid clip or so it seems. We spend so much time enjoying the new wealth if we are home owners or involved in the housing industry that time seems to fly. When the market slows or dips, the process seems to take forever. And, in truth, it does take...

The factors outlined show that the growth in family income is being outpaced by the growth in family expenses. Something’s got to give and it will be the cost of housing that leads the giving. There aren’t many ways to get the family income up anymore now that the college degree is a standard and...

The consensus for the future as now laid forth for investors by the housing industry is that there can be no consensus currently. There just are too many variables to make a wise call guided by historical trends, it is said. And no one among the investors or the media today rises to dispute that forecast,...

There are lessons to be learned here. The company whose CEO talks here about current market conditions has been the subject of one of the most long lasting and intensive series of legal maneuvers by several corporate successor entities regarding the development of acreage in California. Hardly a real...

Apartment rents will be difficult on the average to raise in light of the significant increases last year.  There is no shortage of rentals in the average market to cause a different result.  Strained household incomes will be difficult to stretch to higher levels across the markets....

The number of uninsured Americans increased over 13% over the last four years for which data is available. Florida was one of eight states identified as having a “significant” increase in the percentage of uninsured; 22% of adults employed in Florida were uninsured (#4 in the United States) and...

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