GLG News by Residential Real Estate Agents

German Investment Firms buying US properties at Discounted Prices

October 31, 2009

Analysis by:GLG Expert Contributor

Analysis of:German Firms Scour U.S. for Deals | online.wsj.com

Deka an asset manager for German banks operates the country’s largest of open-ended property funds of around $28.24 B in property assets. In September, Deka bought a 12-story building in Washington, D.C., for $208 m at the top end of prime office space in the capital. Other German buyers of U.S....

Case-Shiller Report is Old News & the Information is Outdated

October 31, 2009

Analysis by:GLG Expert Contributor

Analysis of:Home Price Improvements May Be Short-Lived | www.realestateeconomywatch.com

The most recent Case-Shiller report stated, that home price index has risen four consecutive months a sign of steady improvement and stabilization of the housing market. The August date compared to the same data (August 2008) was down about 11.2 per cent. There will be further softening of the Real...

Kenneth EganBroker and RealtorRe/Max All Cities Realty

Good Insight Here

October 29, 2009

Analysis of:Uncle Sam Adds 5% to Prices of Homes, Goldman Says | blogs.wsj.com

Government intervention eliminates the "Free-Market" concept.This is politics as usual...kicking the can down the road.Pres. Obama is not bringing about change(I am not against him).Cash for clunkers applied to home purchase will not fix the problem.

Kenneth EganBroker and RealtorRe/Max All Cities Realty

Market Inertia caused by Capital Unavailability

October 13, 2009

Analysis of:Experts Probe Capital, Distressed Assets Outlook | www.globest.com

Banks are still not performing.Capital needs to flow more freelyMarkets will continue to depress

Kenneth EganBroker and RealtorRe/Max All Cities Realty

Reality always trumps hyperbole

September 30, 2009

Analysis of:Stocks waver on housing, consumer confidence data | www.wtop.com

Housing will continue to slide.Consumers are tapped out.What do we expect?

It's about TIME the Goverment takes action to stop these banks!

September 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:Singapore Toughens Rules on Home Loans | online.wsj.com

Banks are still supporting Developers for Brand new project sales at ' new market high prices' & yet they do not want to re-finance / restructure home loans of Under-Construction' units.Banks are taking a swipe at these mass market buyers loans & if they do not watch, they will face a mini-sub prime...

New Home Buyers Discouraged

September 23, 2009

Analysis by:GLG Expert Contributor

Analysis of:Don't Get Discouraged Buyers! | www.trulia.com

As a residential real estate broker who works with lots of new home buyers, this market is really leaving a bad taste in their mouth. Lengthier escrows and higher costs/fees are really discouraging new home buyers from purchasing their first home. The economical problems of the greater economy are...

Pet Policies can affect the Value of High Rise Condominiums

September 23, 2009

Analysis by:GLG Expert Contributor

Analysis of:Adjusting Philadelphia Condo Pricing | www.CenterCityCondos.com

Condominium Pet Policies and Resale ValueExclusionary pet policies can lower demand for any give condominium association. Low demand generally equates to a long time on the market for available condos for sale, and can drag down sale prices.

Title insurance in Thailand and other Asian destinations

September 22, 2009

Analysis by:GLG Expert Contributor

Analysis of:Title insurance in Thailand | forbeslebrock.com

Up until recent times, the concept of private or individual land ownership was practically unheard of. In the ‘Middle Ages’ it was only the kings, Lords and the privileged few that were able to proclaim ownership to lands that had been conquered. 

Corrective Condominium Pricing

September 2, 2009

Analysis by:GLG Expert Contributor

Analysis of:Adjusting Philadelphia Condo Pricing | www.CenterCityCondos.com

Uniform pricing can easily be followed when buying or selling a high rise condominiums. However, often one distressed sale, or anomaly sale will throw values significantly lower. Does one bad apple spoil the whole bunch?

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