All GLG News Analyses Filed Under: Residential Market Trends

Whilst some housing markets are international, most are mediated by a number of local and regional factors.

I like three of the points made here best.  Housing prices have been increasing faster than incomes, the sub-prime market has never been tested in a down housing market and if the market becomes an auction market, prices can fall sharply.  I think these are the keys to further price and...

Similar scenarios throughout the country show RE market trends.Who will "blink" first is still a guess.

It is still too early to spot a positive trend.Affordability is a key ingredient to a turnaround, and affordability will not be reached until prices drop further.People are backing off spending 50% or more of their family income for housing.

This article, which was published on the front page of the Wall Street Journal on December 5th, is a prime example of how lack of knowledge of an industry can lead to incorrect or unsubstantiated interpretation of market trends and data.The authors report that "Subprime" borrowers are increasingly...

Lower mortgage rates support Belfiore Real Estate Consulting forecasts that inventory and prices will stabilize in mid- 2007.

The Wharton professors who contributed to this article seemed to be saying that "very soon things will return to their former glory days in Japan."Only one professor disagreed and his views were relegated to the very last few paragraphs of this rather lengthy article.The key implication of this...

The figures reported in the publication are far from accurate.  Our research puts the spec figure closer to 10,000 units.

. Downward trends continue, even in "hot" markets. The conclusion that we are in for a "soft landing" is not based on facts. RE inventories still need to be worked down, and prices continue to drop

Prices obtained by FSBO sellers are typically at least 10% lower than that obtained by high quality real estate agents.