GLG News by Residential Operative Builders and Developers (Arizona)

Time after time the same thing happens.  Young men with an excess of testosterone see reality as being different from the status quo.  They bet on it and for some the winnings are huge in business.  The clarity they see the potential results with is amazing.  Or is it that they have...

What goes up fastest may sometimes have to come down hardest in the housing business. This article points out the suspected offenders under the heading “Where Not To Buy”.  The common problems here are employment and affordability issues.  The affordability issues go right back to employment...

There are four legs which increase the worth of real estate investments.  You can buy/build it for less, operate it for less, rent more of it or charge higher rents.  If you miss on one, the others have to work harder at the job.  It looks like we’re going to be working with less than...

The liquidity so near and dear to us in real estate is being stressed.  The public pension funds are the big guns in the institutional market.  Their sponsors at the State, County and Municipal level have promised more to workers than they can deliver.  The government entities are beginning...

Consider these thoughts. The average annual sales volume per agent for this company was almost $ 3.7 million in 2005.  Each seat then at the average 72 agent office generated over $ 180,000 in gross fees at the average 5 % fee Long and Foster generated last year.  The average agent carried...

Pulte and other big public home builders are just doing what they know how to do from experience in a slower market. The private builders among the largest say 200 are lagging the publics, but expect the same results there if not now then soon. The National Association of Realtors is accelerating its...

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...

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...

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...

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...