GLG News by Production Homebuilding Experts

Steve BottfeldPrincipalMarketing Solutions

LAS VEGAS IS BACK, BABY!

July 20, 2010

The big news is that Las Vegas' new home market appears to be on the rebound.After nine consecutive months of visitor increase, two consecutive months of increased gaming win ... and despite 14.5% unemployment in June ... local housing statistics for Las Vegas contained three shocking numbers and the portent of better times to come.

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC

The Beginning of the Recovery

July 14, 2010

Analysis of: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.

John BurnsPresidentJOHN BURNS REAL ESTATE CONSULTING, LLC

Home Price Data is Very Misleading

June 30, 2010

Analysis of: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.

James AliucciCEOThe Global Group

Fish Farming, Aquaculture And The Boom

June 24, 2010

Analysis of:A fish tale: Aquaculture set to boom | www.msnbc.msn.com

"As population grows, so will fish farming", so says the article, and it is apparent by all measures that this statement is quite accurate. The Croatian farm highlighted gives us some insightful observations into a world population in need of an ever expanding volume of food products and basic protein.

Steve BottfeldPrincipalMarketing Solutions

LAS VEGAS: Entering a New Real Estate Phase

June 22, 2010

Two key factors should have severely damaged May Las Vegas housing stats.  --- Nevada had the highest unemployment in the nation.  --- Special Federal funding  was withdrawn at the end of April.Surprisingly, the negative impact was much gentler than expected. Concentrating on just those two stats overlooks  another -- perhaps more important -- indicator:  Las Vegas appears to have entered the second phase of its foreclosure crisis … and thus far it appears less damaging than it might have been.

James AliucciCEOThe Global Group

Aquaculture And The Open-Ocean Option

June 5, 2010

Analysis of:Fish farms don't explode | www.seafoodsource.com

The referenced article again brings into focus how shortsighted some government officials can be when it comes to aquaculture and the options it presents. The industry must continue expansion so as to satisfy our ever growing fishery needs. How one senator can be so ill informed and have obviously made decisions based on a narrow opinion toward an industry that must develop, is unfortunate to say the least.

James AliucciCEOThe Global Group

BP and the US Government Are Killing the Gulf

June 1, 2010

Analysis of:Gulf oil spill may run until August | fis.com

"US Government and BP officials have warned that the exploded oil well spewing unprecedented amounts of oil into the Gulf of Mexico may not be stopped until August."What? How can we just accept this outrageous statement. Oh, we tried, it did not work................to bad.

Steve BottfeldPrincipalMarketing Solutions

LAS VEGAS: On the Road to Recovery

May 20, 2010

Analysis of:It's Reset Time For Valley Real Estate | www.lvrj.com

Las Vegas April housing data is a mixed bag containing some good news, some great news and a little news that less than attractive.  However, even as Las Vegas continues the positive trend found in the first quarter, the market cannot yet be called “in recovery.” But, that’s the direction the data suggests the market is moving. In April, sales were strong, inventory fell slightly and prices remained relatively stable. Here are the details:

James AliucciCEOThe Global Group

Where Is The Outrage toward BP From Seafood and Fisheries

May 19, 2010

We read daily about the failures of BP to stem the tide of the horrific oil spill, and we see story after story about the seafood industry participants going bankrupt. Where are the watch dog agencies, the nature conservationalists and government agencies? Why do we not have Greenpeace steaming their ships into the Gulf in protest. We are watching the entire Gulf coastal producing regions suffering what may be a death blow, and yet it is the quietest catastrophe in recent memory.

James AliucciCEOThe Global Group

US Fisheries Are Showing Sustainability Efforts are Working

May 12, 2010

In a recently released report on the state of the USA fisheries, our combined efforts are showing great results. NOAA's report card for 2009 is in and we have received good marks, not great but far better that one thought possible not but a short time ago. Now the efforts need to continue as well as we must get the other world fisheries regulators and industry leaders to follow our example.

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