Thursday, October 18, 2007
Ahh, Homebuilders were Flying High Just So Recently
This blog is geared to highlight current events in the homebuilding industry. It won't make the big homebuilders happy. That is not the point. It may make some people stiffed by the big homebuilders happy. That is not the point either. It is designed to highlight what many feel is a monumental dip in the new home starts, a very significant decline in profits and long-term viability of the nations biggest homebuilders and the housing markets. There are valuable lesson's to be learned regarding poor business decisions, economic trends and the value of long-term planning. Will the big homebuilders in the US rebound? Without question! Will they learn lessons? History shows probably not.