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

Analysis of: This Space Not For Rent: Investors, Stores Buy Into Retail Condos (www.investors.com)
Office condominiums are a hot market in many metro areas these days especially where land is at a premium.  As an investment over time, however, the history of equity returns are undocumented due to the concept of this form of holding property being relatively new. The dynamics should be reasonably...
Analysis of: Supply of Homes on Market Takes Dip (www.rismedia.com)
This blip in the housing market radar is misleading at best.  US homebuilders have endured the steepest decline in a decade but this is just the beginning of the "correction."  The Orlando area and environs such as Kissimmee are saturated with new home tract builders and have been for quite...
Analysis of: FSBOs (For Sale by Owners) may be LM (losing millions) (www.kathysrealestate.com)
Studies involving FSBO's and their inability to obtain a higher price or fair market value as compared to a real estate agent are flawed. Most of them have been prepared by the large franchises to combat the FSBO trend as well as to combat competition by discount real estate brokers. The reality is...
Analysis of: DOJ Lawsuit against NAR Moves Ahead (www.isucceed.com)
NAR is an organization that is anti-competitive in nature and deserves the scrutiny of the Department of Justice.
October 26, 2006
Land Values
Analysis of: Agricultural Land Values Still Going Up (www.wisconsinagconnection.com)
Overall, agricultural land values have increased, but nothing in compared to residential and commercial real estate.  Agricultural land generally appreciates in the low single digits per year (if you are lucky) and has done so since the beginning of time.  Key Components of Value:- Population...
October 26, 2006
Zillow is weak
Analysis of: Zillow Lets Real-Estate Owners Add Their Own Estimates (www.informationweek.com)
Zillow provides consumers with incorrect information about the value of their home.Consumers have a false sense of wealth because of the simplicity of these systems.Valuing a home is not complicated, but it requires adequate information and oftentimes a physical inspection of the property (at least...

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