GLG News by Production Homebuilding Experts

The headline article lets us know that one in five homeowners is concerned about the possibility of foreclosure.I have other market information I am able to share with you without conflict.

Building permits can be a surrogate for future closed residential new home sales and potential profitability. In markets such as Loudoun County, Virginia where NVR is a major builder, year to year building permits for Single Family homes continue to fall. 2007 may prove to be an even weaker year for...

Low interest rates and quite reasonable market prices compared to almost all other Western European countries, thus excellent return of investment to be expected, makes residential and also commercial real estate investment in Germany especially in the main conurbation areas and even in b-locations,...

The subject article is written to convey an implicated and narrow point of view that the State of Arizona is once again rising to protect Mom & Pop as they meet their need for roof and shelter for the stressed family.In fact, the source material is the now visible pebble which tops one of the biggest...

The market is searching for the light at the end of the tunnels...that light exists in meeting the consumers needs in price and location.

We’re 300 million people out of a world population of 6.5 billion. We control 1/5 of the world’s economy and we’re the world’s biggest importer. Everybody in the rest of the world who could has funded our recent deficits. We’ve consumed our way into a weak dollar. The good news is that we’ve made other...

The San Diego Rental Market Is almost in BalanceRental Rates Should Go upNo significant additions or deletions to inventory

There has been considerable recent press coverage about alleged mortgage abuses by Beazer Homes.This appears to be compounded by overall concerns about subprime mortgage activities.It is important to maintain perspective on this issue as it relates to Beazer

  Recent slowdowns in the absorption of housing inventories have resulted in a series of earnings charges from writeoff. of land deposits, preacquisition costs, goodwill and other intangibles, and the creation of valuation reserves for land, work in process and finished homes. This article...

 Let’s suppose you bought an 8 year supply of land at the historical peak of the market both as to land prices and annual housing production.Further, let’s suppose that you have positioned yourself to develop a wide spectrum of commercial and industrial property types in many multi-phase developments...