All GLG News Analyses Filed Under: Residential Market Trends

Call me a cynic, but I am skeptical when the author of an article declaring that the housing market has bottomed works for a hedge fund that doesn't have to declare what investments they currently hold or what role they had in the subprime mortgage debacle. In my opinion, this article declaring...

It is still too soon to tell if the housing crisis has bottomed out. Foreclosures in April rose another 65%, per RealtyTrac.com and over 1.2 million people are in some stage of foreclosure. We will not be able to tell when the housing crisis hit bottom until years after it hit. Ask any economist and...

The housing bust is not over and trends continue to be negative.  The only positive activity is that homebuilding stocks have gone up, without a good reason.  We still have a ways to go to work through all this.

Mr. Moulle-Berteaux seems to lack is an in-the-streets perspective.The housing market will shrink and prices will decline further before the Phoenix metro housing market hits bottom.

Recent sharp declines of housing sector indicators will move the market closer to the pricing equilibrium needed to jump start sales as home builders clearout excess inventory and resellers face-up to market realities.

Prices in Manhattan will begin to flatten and decline during the 4th quarter of 08 and first quarter of 09. This is the year when Main Street catches up with Wall Street. The pot of gold bonuses are over. It isn't international appeal that drives the Manhattan real estate market, it's Wall Street bonuses....

The subprime pipeline has a ways to go. Very much like a virus infects humans- it must run it's course. In 2002 the rebirth of the subprime mortgage began to prevent our economy from dipping into recession. In 2007, the market shows the first short sales and foreclosures. The 125% rule of negative amortizing...

We are Reaching a Point Where Public Corporations cannot hide from the market facts--we are also just at a midpoint in the overall RE crisis, and there is more writeoff to come. With 2.3M vacant homes in the U.S., we will continue to see downword price pressures until this number returns to well...

Senior Management is the key to successfully navigating through challenging market conditions. Many companies have become lazy in their staffing, with 3-4 people covering 2-3 jobs.  In challenging economic times, it is frequently necessary to re-tool the staffing of an orgnization to have 2-3 people...

1.  Article mislables areas of country as bulletproof when they are just slow. 2.  Mainstream media articles written to elicit response are often misleading. 3.  Real Estate is local, never national.