GLG News by Land Brokerage Experts (Florida)

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Are Consumers Paying Down Debt?

October 17, 2008

Consumers Pay Down Debt For First Time In 10 Years | www.marketwatch.com

Consumer borrowing has decreased for the first time in over 10 years as outstanding revolving and non-revolving credit fell in August.  This may be an indication that Americans are pulling back on spending as the financial and housing markets continue to deteriorate. 

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Price Corrections Are Not As Bad As Reported

June 25, 2008

Home Prices Continue Sharp Descent | money.cnn.com

Home prices have indeed experienced significant corrections.  However, some reports of price reductions may be exaggerated due to innacurate methodology. 

Carl StreckOwner & PrincipalMountainseed Advisors What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

CDD's aren't all their cracked up to be...

June 5, 2008

Residential real estate set to double | www.business24-7.ae

For years developers were utilizing this public finance tool as a way to drive up their bottom line while passing on the infrastructure cost to the end homeowner. This is a thing of the past.

Anthony Trella, CEO/President

Anthony TrellaCEO/PresidentThe Meranth Company, Inc. What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Why is there no effort by the media to understand the DEMAND side of the housing industry?

June 2, 2008

The Truth Behind Florida's Housing Numbers | online.wsj.com

This article is just another example of somewhat reckless reporting by the “drive-by” media. Yes, there was excessive overbuilding of housing during the three years prior to 2006.  Yes, there is a huge number of empty or unsold housing that must be sold over the next few years.  This message is old and it has been beaten to death -- supply – supply – supply.  It’s time for new media people to step up and deal with demand.  It’s time for media people with housing knowledge and business savvy to study and put forward visions of the housing recovery.  We need in-depth segmentation of facts.  In south Florida, unsold, high rise, luxury condo’s have very little to do with current and future housing needs of the mass workforce.  Why is such housing data merged with all other housing data as if they are one and alike?  Why is there no expressed understanding of the limited amount of undeveloped land remaining in south Florida  for the very certain growth of housing that will come?

Anthony Trella, CEO/President

Anthony TrellaCEO/PresidentThe Meranth Company, Inc. What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

South Florida Condominium Minefield -- Condominium Associations

May 19, 2008

Investor Report: Miami-Dade County | realtytimes.com

Buyers and Investors Beware:  In addition to determining values (prices), careful analysis of the financial conditions of Condominium Associations (CA's) must be prudently examined before purchasing.  

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Economic Fundamentals Slipping Away

April 9, 2008

Are we or aren't we in a recession? | www.boston.com

Several national housing market indicators have been deteriorating at historically high rates in the last several months.  The downward trend of these indicators points to a national recession.

Carl StreckOwner & PrincipalMountainseed Advisors What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Waiting to buy

November 1, 2007

STATE BY STATE - BUY NOW OR WAIT? | www.searchprg.com

Today is not the day to pull the trigger on the residential real estate market.

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

LOCAL MARKET KNOWLEDGE FOR BUILDERS

August 7, 2007

No Housing Turnaround for Two Years? | www.businessweek.com

1. Favorite First-to-Turn-Around Markets 2. Favorite Long-Term Markets 3. Favorite Market After Housing Bottoms 4. Favorite Fairly Priced, Highly Competitive Markets

John Burns, President

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Our Favorite Markets

July 30, 2007

No Housing Turnaround for Two Years? | www.businessweek.com

Favorite First-to-Turn-Around Markets Favorite Long-Term Markets Favorite Market After Housing Bottoms Favorite Fairly Priced, Highly Competitive Markets

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