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GLG News by Residential Real Estate Broker Experts: Agency Owners (US)

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October 28, 2008
Hamptons Real Estate Compared to Late 80's
Analysis of: Current Downturn Similar to Late ’80s, Says New York Fed | nreionline.com
Author: GLG Expert Contributor
As similar to the late 80's downturn, it is expected that real estate values in the Hamptons (and Manhattan) will not see significant reduction loss, but will remain flat for a period of time. The difference between the late 80's and today is that both the US Fed and the G7 are committed to getting...
October 17, 2008
Health of brokerage firms tell the real story
Analysis of: Manhattan Avoids Apartment Glut | www.globest.com
Author: GLG Expert Contributor
The impications of this article focus on the conituted understatement about the health of the NYC real estate market. If the industry is assessed from the perspective of brokerages not inventory or sales price, the pciture is bleaker than stated. Transaction volume at brokerage firms is down 50% in...
September 18, 2008
Lehman guilt by Association
Analysis of: Risky Real Estate Deals Helped Doom Lehman | www.nytimes.com
Author: GLG Expert Contributor
The REAL PROBLEMS: 1)    2 / 28 ARMS 2)    No solutions to help the consumers when the arms started to adjust.
June 19, 2008
Why housing market is near bottom now
Analysis of: Housing woes won’t end soon … | www.usatoday.com
Author: GLG Expert Contributor
Every housing market is different, and that is why it is so difficult to grasp the question "What is the housing market doing today?"  However, in many markets, the pendulum is on the upswing.  The major factors involved in housing recovery are the following: 1.  Median income exceeds...
May 19, 2008
Positive Economic News
Analysis of: The Housing Crisis is Over | online.wsj.com
Author: GLG Expert Contributor
Cyril Moulle-Berteaux relates interesting facts that corroborate the return to a normal housing economy in the future.  Yet, others do not understand Moulle-Berteaux’s historical analysis.  
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 25, 2007
Subprime Woes
Analysis of: Countrywide profits fall 33% | www.inman.com
Author: GLG Expert Contributor
In Monterey County, California, the subprime market has evaporated for the most part.  Consequently, home prices on the lower end of the market have experienced a dramatic decline of between 15% to 30% depending upon the location of the property.  The number of bank owned properties has risen...
July 25, 2007
Building Permits Tell The Story. 2000 Realty and Development, Inc.
Analysis of: Florida's Existing Home Sales,Median Price Down in May 2007 | www.floridarealtors.org
Author: GLG Expert Contributor
   The Fl. Realtors article indeed makes an accurate portrayal of current market conditions for the Sunshine State as a whole. More of the same lackluster sales activity can be expected thru 2007 and on into 2008 as ARM loans are reset and increased difficulty qualifying potential home-buyers...
July 18, 2007
Why invest in Costa Rica?
Analysis of: Real estate in Costa Rica’s new promised land | caribpro.com
Author: GLG Expert Contributor
Costa Rica offers a stable democracy, an abundant untarnished coastline, a well-educated population, and superb weather year round --- why else shouldn't you invest in Costa Rica?
December 21, 2006
Sick Of Development Or Just Sick?
Analysis of: Are Consumers Sick of Development? Attitudes against Land-Use Development Grow Deeper, Survey Says | rismedia.com
Author: GLG Expert Contributor
This rather limited survey, reflecting on my past statistics courses, do not provide a large enough sampling with which to apply an inferential analysis.  However, it is telling to a certain degree, as to the general populace's psyche where "progress" is concerned.  On this note I offer a...

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