January 26, 2011
Myriad Licenses Rights to Pancreatic Cancer Gene Patents | councils.glgroup.com
Many of the public builders don’t need to buy lots in 2011, and we think it will be a relatively quiet year for land acquisition.
Shadow Inventory Stepping into the Light
September 17, 2010
Shadow Inventory Stepping into the Light | realestateconsulting.com
The Loan Modification programs were certainly successful in delaying the inevitable – foreclosure. There are now approximately 2.5 million foreclosures in process, and another 2.5 million mortgages that are 90+ days delinquent. These numbers will trend down, while REO (currently 562,000 bank-owned homes) and short sales will trend up.
62% Homeownership on the Horizon
August 31, 2010
62% Homeownership on the Horizon | realestateconsulting.com
Our recent experiences in D.C. confirm that homeownership is clearly a value that is promoted by most politicians. They are in for a rude awakening, however, and a legacy that they will not be proud of. 8 million homeowners are currently not paying their mortgage, and we believe 6 million of them will lose their home to the bank in the next 2 years. This will reduce the homeownership rate to 62%.
GSEs to Lose Tens of Millions Tomorrow
August 25, 2010
GSEs to Lose Tens of Millions Tomorrow | realestateconsulting.com
While officials are gearing up for tomorrow's (8/17/10) meeting on GSE reform, the GSEs are losing millions of dollars every hour. Why? Because home prices are falling again. Our solution is the following:1) Create an Apartment REIT2) Loans to Landlords3) Keep Mortgage Liquidity Flowing
July 14, 2010
The Beginning of the Recovery | www.realestateconsulting.com
In March 2008, we rolled out an educational video on housing cycles that ended with, “Remember that every down cycle is the beginning of the next up cycle.” We believe we are currently at "The Bottom" heading into "The Beginning" of the next housing cycle.
Home Price Data is Very Misleading
June 30, 2010
Home Price Data is Very Misleading | www.realestateconsulting.com
June 28, 2010There are great home price tools today to help you with the decision you are making. However, Case Shiller (CS) and median prices are not the right ones.Executive decision makers want to know whether prices are trending up or down, and that question has never been harder to answer. When forced to answer the question, we say that most home prices are reverting to 2003 prices – some areas have overcorrected and some have not fully corrected.
February 24, 2010
Adapting To The New Normal | www.uli.org
Success in adapting to today's economic climate will require a commitment to embracing changes in consumer perceptions, capital structures, and real estate product selection. Tomorrow's successful real estate operators and all supporting businesses must search thoroughly for the salient issues that will require adaptation, new strategies and possible restructure. Many answers lie outside of internal capacities and current human resources.
Short Sales Are About to Increase
October 5, 2009
Short Sales: A Fraying Lifeline for Homeowners | www.businessweek.com
Treasury is announcing new terms that they hope will encourage more short-sales. These transactions have not been very effective in the past, and while this is probably not going to be a game changer, it’s wise to expect the incentives could spur some level of increase in short sales.
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.
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.
February 6, 2012
Las Vegas real estate: A happy new year?
January 20, 2012
Commercial property sales plunge in New York City: Why should everyone care?
January 19, 2012
Are Macy's closures a leading indicator of mall REIT values?
January 18, 2012
Ireland's commercial property outlook
January 9, 2012