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GLG News by Residential Real Estate Agents

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Mansur HasibSeptember 5, 2007
Possible Government and Fed Actions to Ease Mortgage Crisis
Analysis of: Bush, Bernanke Pledge To Stabilize Mortgage Meltdown | www.consumeraffairs.com
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
The article essentially summarizes some of the key elements of some options such as refinancing options using FHA loans that the government will make available for creditworthy homeowners to be able to save their homes.   The article also suggests that the Fed may act to cut rates if...
Mansur HasibSeptember 5, 2007
Housing Market Summary
Analysis of: U.S. Housing Market Conditions | www.huduser.org
Author: Mansur Hasib, Independent Real Estate Salesperson, Long & Foster Real Estate Inc.
This report for the 2nd Quarter of 2007 is part of a regular series produced by the US Department of Housing and Urban Development, Office of Policy Development Research. While the first quarter of 2007 had shown some improvement in housing affordability, the second quarter showed an increase...
August 31, 2007
Auction Alternative for Real Estate Sales ; Residential Real Estate Sales; RE/MAX--Warsaw, IN
Analysis of: Realtors See Drop in Ranks | online.wsj.com
Author: GLG Expert Contributor
With traditional sales slowing and sellers desperate to unload properties due to financial burdens, marital discourse, death, job relocation or other pressures, sellers are turning to an old stand-by method of selling via an auction.  According to research from the National Auctioneers Association,...
August 21, 2007
JupiterAndTheGardens.com residential analysis in Palm Beach County FL U.S.
Analysis of: American Home Mortgage Corp. files for bankruptcy protection | www.courierpress.com
Author: GLG Expert Contributor
Prices hold steady while time on market goes up. Inventory increases but sellers try hold to old prices from when they were higher. 
Chetan NarainAugust 7, 2007
Focus on Five Indian Cities
Analysis of: Competing Tuff, Tier I and II Cities: India Real Estate | tinyurl.com
Author: Chetan Narain, President and Chief Executive Officer, Narains Corp Global Properties
The development of the real estate sector in India is mainly combined with strong economic growth, rising income levels and urbanization. Ever since the liberalization of the Indian economy, the urban landscape of India has changed dramatically. Initially the advantages of a growing economy and subsequent...
August 3, 2007
Commercial property market trends in Ireland
Analysis of: Irish spend €3bn in Q2 on overseas commercial property | www.independent.ie
Author: GLG Expert Contributor
·Interest rate environment challenging·Occupational markets performing strongly against positive economic backdrop & good balance between supply & demand·Development land market becoming more diverse ·Weight of investment demand easing against prospect of somewhat lower returns...
August 2, 2007
Different sectors of the property market performing to varying degrees
Analysis of: Irish now among world's richest | www.news.com.au
Author: GLG Expert Contributor
Housing market activity subdued as a result of affordability concerns, strong supply side response, political interference sentiment dissipating on the back of economic slowdown. Slight pick-up in activity and demand anticipated in autumn property investors still active based on rental growth prospects. A...
August 1, 2007
Mortgage Company Woes
Analysis of: Countrywide profits fall 33% | www.inman.com
Author: GLG Expert Contributor
The mortgage industry as a whole has been suffering ever since the downward spiral of the housing market. A lot of mortgage companies have closed up shop....ie....Fremont, New Century and others have had significant layoffs....ie.....Citibank. Fortunately, for Countrywide their business is continueing...
July 31, 2007
California Dreamin!
Analysis of: Sales down but prices, inventory rise in California | inman.com
Author: GLG Expert Contributor
The statistics published by the California Association of Realtors is not reflective of the reality of the market in California.  The California Association of Realtors has a vested interest in encouraging buyers to act now rather than postpone their decision to buy a home.   The reality...
July 30, 2007
Looking to the future of real estate growth-where to build and invest- it's not all down hill...
Analysis of: How Low Will It Go? June 18, 2006 | www.bobbappraisals.com
Author: GLG Expert Contributor
Some housing markets are bucking the national trend of falling home prices with “something” that has brought extra home-buying power into the community and prevented a significant buildup in surplus homes for sale.  

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