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All GLG News Analyses Filed Under: Homebuilding

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Paul Burns Posted November 19, 2007
Yesterday’s hot homebuilding areas and what we can learn from what we see
Analysis of: Price slump eating away home equity | www.sacbee.com
Author: Paul Burns, Owner City Investments
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...
Posted November 19, 2007
A NEW PERSPECTIVE ON HOUSING DEMAND: The Next Las Vegas Boom
Analysis of: LOCAL HOUSING SHORTAGE AHEAD, REPORT PREDICTS | www.lvrj.com
Author: Steve Bottfeld, Principal Marketing Solutions
     The NAHB has predicted that the real estate downturn will bottom in the first or second quarter of 2008. Several recent studies have indicated that the balance in housing “fundamentals” may be slowly returning to normal.        These studies...
Posted November 12, 2007
CAN YOU SPELL "ASSUME"?
Analysis of: A Bank Bet on Condos, but Buyers Want Out | www.nytimes.com
Author: Steve Bottfeld, Principal Marketing Solutions
Mr. Burns makes two assumption errors in what is otherwise an outstanding analysis regarding the "near-future" of condominium development. His assumption regarding  attitudes towards HOA's is incorrect ... as is his statement that the Hi-Rise condo market in Las Vegas will succumb to the current...
Charles Irsch Posted November 9, 2007
The Race to Zero
Analysis of: Tousa retains Kroll Zolfo Cooper to review restructuring options | www.reuters.com
Author: Charles Irsch, Principal 10point2 Consulting
- Bad idea from the start. - Now what does one do?
Paul Burns Posted November 6, 2007
Where does Phoenix housing go from here?
Analysis of: Opportunities essential for drawing 'knowledge workers' | www.azcentral.com
Author: Paul Burns, Owner City Investments
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...
Jim Belfiore Posted November 2, 2007
Credit Availability will Determine Future
Analysis of: Fresh Credit Worries Grip Markets | online.wsj.com
Author: Jim Belfiore, President Belfiore Real Estate Consulting
When making your determination on the future of the economy, how many units will be sold next year, or how many people will move to Phoenix, consider how banks have reacted to bad news this year; the statistics above; and how lenders may react to bad news next year.
Posted October 15, 2007
A Bank Bet on Condos, but Buyers Want Out
Analysis of: A Bank Bet on Condos, but Buyers Want Out | www.nytimes.com
Author: GLG Member Program Contributor
Condo marketing plans are created and implemented by real estate brokerage companies. The condo developer should qualify the brokerage/marketing firm and review the marketing plan prior to hiring for the project. Financial strength of financial institutions financing condos can be reviewed...
Paul Burns Posted October 15, 2007
The High-Rise Condo and Condo Conversion markets are about to see project failures and possibly bank closures
Analysis of: A Bank Bet on Condos, but Buyers Want Out | www.nytimes.com
Author: Paul Burns, Owner City Investments
The numbers of high rise and condo conversion projects planned and at least partially funded in Miami, San Diego, Las Vegas, Chicago, New York City, Los Angeles and even on Central Avenue and at Lake Tempe and throughout Phoenix and Scottsdale far exceeds the possible market. The plans were drawn to...
Posted October 12, 2007
St. Joe Cuts Its Dividend and Payroll
Analysis of: St. Joe Cuts Its Dividend and Payroll | online.wsj.com
Author: GLG Member Program Contributor
St. Joe's decision to re-focus on its core strengths is astute in a challenging market. While that's certainly good long-term news for shareholders, it's even better news for those watching the Bay, Walton and Gulf Counties real estate markets. Coupled with this week's announcement of another venerable...
Posted October 10, 2007
St. Joe Cuts Its Dividend and Payroll
Analysis of: St. Joe Cuts Its Dividend and Payroll | online.wsj.com
Author: GLG Member Program Contributor
WSJ writer Michael Corkery characterization of St. Joe's October 8th announcement is facile but faulty. St. Joe's strategy of monetizing over 1 million acres of land requires flexibility in a changing market but does not support the "Is Florida Over" hypothesis in the September...
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