All GLG News Analyses Filed Under: Homebuilding
Posted February 16, 2007
Icahn's Next Gamble: Housing in the Sunshine State
Analysis of: Icahn's Next Gamble: Housing in the Sunshine State | online.wsj.com
Author: GLG Member Program Contributor
Analysis of: Icahn's Next Gamble: Housing in the Sunshine State | online.wsj.com
Author: GLG Member Program Contributor
Mr. Icahn's success in turning around companies or forcing component sales at a profit is legendary, but in my opinion, the investment in nearly 15% of WCI stock is a risky venture.A quick review of WCI shows the company had more cancelations than new sales in the luxury tower division...
Posted February 16, 2007An Emerging Risk in Emerging Markets
Analysis of: Home Lenders Pare Risky Loans | online.wsj.com
Author: Jim Belfiore, President Belfiore Real Estate Consulting
Subprime loans have become popular on the fringe areas of Phoenix. Tightening subprime standards poses a threat to the market recovery.
Posted February 15, 2007Here’s an affordable housing battle that might be typical of any major city.
Analysis of: A lot riding on Anaheim housing vote | www.latimes.com
Author: Paul Burns, Owner City Investments
When you have a median housing value of say $ 650,000 and a location where the existing housing stock approximates the median, you have an opportunity to sell attached housing at $ 350,000 to $ 400,000 per copy when the supply is otherwise constrained.
Posted February 12, 2007Here's Your Answer!
Analysis of: Homebuilders Hammered. Time for M&A? | www.businessweek.com
Author: Paul Burns, Owner City Investments
I believe there is more pain to go in the housing market including serious defaults where home and land prices will implode. I believe you won’t see the turn until 2008 and even then not until the latter half. And I think the turn will stabilize at a lower overall construction number since...
Posted January 31, 2007Phoenix hasn't hit Bottom yet
Analysis of: New Homes Sales: Back from the Dead? | www.cnnmoney.com
Author: Jim Belfiore, President Belfiore Real Estate Consulting
Belfiore Real Estate Consulting data suggests the optmism created with the release of today's government data is not warranted. The data is not refelctive of conditions in the Phoenix metro area.
Posted January 31, 2007Las Vegas Market: Is this the year for turning the corner?
Analysis of: America's Best and Worst Housing Markets | www.forbes.com
Author: A. Ron Evangelista, Owner/Broker Vantage Pointe International of Nevada, LLC
It is entirely believable that 2007 will be the year for Las Vegas starts to return to the kind of growth folks here have come to expect. The investors are gone, new home inventories are shrinking and the resale inventory is poised to be brought in line this year.The kinds of new home incentives that...
Posted January 25, 2007Affordability is The Housing Issue – Another Example or Two
Analysis of: Inland Empire’s affordability takes a steep drop | www.latimes.com
Author: Paul Burns, Owner City Investments
Here’s more evidence that we’re not at any bottom in the residential market and that more hard times are ahead.
Posted December 28, 2006Long-Term Population Growth will Support Housing Market
Analysis of: Arizona growth Fastest in U.S. | www.arizonarepublic.com
Author: Jim Belfiore, President Belfiore Real Estate Consulting
Arizona has now surpassed Nevada as the fastest growing state in the country. This growth will continue and eventually turn current residential market conditions around.
Posted December 15, 2006Balance Returns to the Attached Housing Markets
Analysis of: Rent Increases May Ease as Condo Market Softens | www.wsj.com
Author: Paul Burns, Owner City Investments
With the exception of the high-end of the Class “A” rental apartment market, affordability is an issue with tenants. Every rent increase calls for a household budget adjustment that causes pain to other providers of household goods and services. We’ve noted several times that wages for the...
Posted December 11, 2006More About Housing On The Way Down
Analysis of: Mortgage Bonds Hurt By Delinquencies, Housing Slump (Update 1) | www.bloomberg.com
Author: Paul Burns, Owner City Investments
The lending picture in the home loan industry is not great. Defaults are rising and the next sub-prime pools will include tougher underwriting and higher rates. Volume is down in the purchase market and refinances are more difficult to accomplish.
More GLG News in
Real Estate
Most Popular:
Source Article | Expert Analyses
Market Report: Sunshine State?
www.multihousingnews.com
July Existing-Home Sales Show Gain
www.realtor.org
Some Fear Commercial Property Loans Will Be Next Stage in Downturn
www.nytimes.com
SIOR Commercial Real Estate Index Reflects Country's Economic Woes
www.prnewswire.com
Real Estate Investors Invade California
www.marketwatch.com
Fasten your seatbelts ‘cause its going to be a very bumpy ride!...But we already knew that, didn’t we?
September 1, 2008
Far Too Optimistic View From Florida's Housing "Experts(?)"
September 1, 2008
When data is vague or inconclusive, look at the real world
August 28, 2008
The other side of the coin
August 28, 2008
FINANCIALS SHOT IN THE FOOT
August 26, 2008

