Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
FHA Likely To Be The Next Shoe To Drop
September 9, 2009
Loan Losses Spark Concern Over FHA | online.wsj.com
Decisions about the FHA will have a big impact on the housing market, especially since the FHA’s market share of the housing industry has grown substantially over recent years. With its insurance fund possibly running low, the FHA may be pressured to reign in risk and tighten lending requirements.
Investors Are Back in Full Force
September 9, 2009
Florida housing gaining strength | www.huliq.com
Investor homebuyers have returned, with fewer of them flipping the homes they buy and instead opting to rent them out. While investor activity varies greatly by market, the upswing in sales in some markets may be attributed to this increase in investor activity.
September 9, 2009
New Fannie Mae Condo Regulations Could Stifle Condo Demand | www.nuwireinvestor.com
Despite the new Fannie and Freddie regulations restricting mortgage financing, a condo project by Standard Pacific in Torrance, California is thriving. The success comes from knowing their buyer and structuring financing options.
Florida's Construction Industry is on Life Support
September 9, 2009
No Sunshine in Florida | business.theatlantic.com
In Florida, construction has practically stopped, and permits are continuing to decline. However, conditions are excellent for potential home buyers, and a significant increase in renters-turned-buyers could kick-start Florida construction out of its stupor.
September 2, 2009
Hope can fuel bulls' charge as stocks rally despite worries | www.usatoday.com
We believe that the recovery will be W-shaped and that April was only a false bottom. Our estimate is that there will be a slowing beginning in December, and that we will hit the true bottom in summer of 2010.
Mix Shift Driving Up Median Home Prices
September 2, 2009
Case Schiller: Home prices up 3% in second quarter | www.bizjournals.com
The rising home prices reported by Case-Shiller and others are more the result of a shift in the mix of homes being sold, than actual appreciation. An analysis that divides home sales into price categories illustrates this.
Policy Makers, CEOs and Investors Beware
August 26, 2009
1. Mortgage Rates to Benefit from Stabilized Home Prices, Jumbo Mortgage Rates in Particular | www.examiner.com
The emergence of home price stabilization is spotty and should not be over-simplified. It’s important to look at the underlying indicators to see where stabilization is actually taking place.
Has Housing Construction Really Bottomed?
August 26, 2009
U.S. Economy: Housing Starts Gain to Seven-Month High (Update1) | www.bloomberg.com
The recent good news in housing starts is based on seasonally adjusted data, which can fluctuate and affect solid conclusions. Non-seasonally adjusted data across a 12-month period is a more stable reflection of construction activity.
LAS VEGAS: THE RESIDENTIAL RECOVERY APPEARS TO BE UNDERWAY!
August 18, 2009
Nevada leads in foreclosures as U.S. rate climbs 7 percent | www.lvrj.com
When people say Las Vegas had a "hot July," they may not be referring to the weather! Las Vegas' July housing data makes it easy to suggest that the residential market is on the verge of sizzling. PRICES ARE UP! INVENTORY IS DOWN! DEMAND CONTINUES TO SHOW FORMIDABLE STRENGTH! In fact, at current sales rates, there is now just 2.9 months of available inventory in the existing home market. If less than 3 months of inventory defines a hot market, Las vegas is torrid!
Chinese developers will have no big impact the real estate market
August 13, 2009
Chinese developers looking for land in Oz and US | www.propertywire.com
1) The buyers could be state-owned companies2) I don't think the land acquistion will have big impact in the real estate market
October 20, 2009
A Convincing Case for a Homebuyer Tax Credit Extension
October 6, 2009
Short Sales Are About to Increase
October 5, 2009
FHA Likely To Be The Next Shoe To Drop
September 9, 2009
September 2, 2009