I'm back from the United Kingdom and a little jet-lagged today. We had some great meetings and met some really smart people. It seems from talking to all that the housing market in the UK has softened quite a bit as well. It can't be all bad though if houses like THIS are still selling. Cheerio! … [Read more...]
The worst U.S. housing crisis since the great depression
April 4, 2008 By 4 Comments
I was always taught that when there is an elephant in the room, you might as well deal with it right away. The "elephant in the room" in this case is the state of the US housing market. What got me thinking about sharing my thoughts on this topic is an article today that talked about February being the 24th month in a row of declines in construction spending. You can find the article here. For all the companies that are selling into the US construction industry, this statistic does not come as a … [Read more...]
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