GLG News by Self Storage Experts
Analysis of:
Decoupling' Debunked as U.S. Collapse Infects World (Update2) (www.bloomberg.com)
The Mexico resort/retirement/second home industry is suffering as buyers from the U.S. are on the sidelines. Some thirty Baja California and Sea of Cortez developments in planning are predicted to stall on the boards in the coming period. Prices have escalated at 15% annually in recent years, but no...
Analysis of:
Llenders Agree to Freeze Rates on Some Loans (www.nytimes.com)
The rate-freeze approved and being implemented by the government is not nearly the answer to the problems facing the Mortgage Industry, or the Financial District as a whole. The problem is systemic, and the solution is only one of a bitter pill to swallow.
Analysis of:
Foreclosure Impact:Next Stop,Tax Drop (money.cnn.com)
Will the abandonment of mortgage defaulted properties create opportunites for tax debt investors? What innovations may be on the horizon to address the anticipated loss of property tax revenue to the nation's cities & counties? Will tax certificate sales become the method of choice for recovering...
Analysis of:
Commercial real estate outlook for 2008 (www.azcentral.com)
I like the content of this article except that I believe the suffering will be greater than depicted by the pros for apartments, office buildings and warehousing (the biggest part of the current industrial construction). In addition, I have been hearing for the current development cycle that the shopping...
Analysis of:
FAR, Gov. Crist launch group supporting property tax amendment (media.living.net)
The idea of having politicians involved in the solution of any problem of economics is,admittedly,frightening. However,congrats and kudos are in order for those members of the Florida Legislature which crafted the concept of real estate tax "portability" and,further,put forth the idea...
Analysis of:
Blackstone Sees Dip in Real Estate Revenue, Posts Loss For 3rd Quarter. (www.therealestatebloggers.com)
Blackstone has made the biggest bets in the history of commercial real estate and, now that they have gone public, we all get to see the results in greater detail. As to the Equity Office portfolio purchased from Sam Zell, the initial sales in the major markets have been consummated and the balance...
Analysis of:
Price slump eating away home equity (www.sacbee.com)
Sacramento is a unique large metro area tied to Northern California Bay Area’s coastal communities by commuting distances and to California’s Central Valley by it’s location n the northern portion of that 500 mile long N/S by 100 mile E/W area. The Bay Area is the home of Silicon alley with its world...
Analysis of:
Stores See Shoppers In Retreat (www.nytimes.com)
This Christmas season is bringing a historically earlier opening of the holiday season promotional effort. The major retailers are doing everything they can to catch the shopper early through pricing wars and heavy marketing. Each wants to get a leg up on consumer shopping urges and capture the second...
Analysis of:
Opportunities essential for drawing 'knowledge workers' (www.azcentral.com)
The U.S. is going to do a major portion of the thinking for the world, prepare its economic plans and source its finances if the country is to continue its primary world power status. Recent results indicate that the growing knowledge economies will feature a world class international airport and/or...
Analysis of:
Wal-Mart Says Sales Growth Will Slow (biz.yahoo.com)
Wal-Mart has been warning that its domestic store development program is harder to come by as sites are more dear, residents of communities are resisting the new facilities and competitors are more adept at the political side of competition. Now the cost of imports from China and other offshore suppliers...
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Most Popular Real Estate News
Expert Analyses | Source Article
online.wsj.com
REIT Rebound Hinges on Credit Thaw, Recession's Depth
www.nytimes.com
As Vacant Office Space Grows, So Does Lenders’ Crisis
blog.retailtrafficmag.com:80
Projection: Up To 3,000 Retail Properties to Close
www.bendbulletin.com
Deschutes County defaults up 228% in '08
www.propertyfundsworld.com
German real estate industry suffers from financial crisis
January 7, 2009
Is Anybody Home?
January 6, 2009
Its All About the Fundamentals
December 29, 2008
Fundamentals Ignored During Boom Times
December 28, 2008
Re-Constructing the Economy of realestate
December 28, 2008
No Surprise, The Bubble Has Burst