Most Economists say there is no Housing Bubble, but do YOU have a plan?

May 31, 2015

Below is a quote from an online article by Professional Builder Magazine. While this is interesting the real issue here is:

What lessons did you learn from the recession?

What IF the economy takes a downturn or what if in your marketplace home sales tails off again?

Are you prepared, do you have a plan ?

“Prices keep rising, but according to David Blitzer, managing director and chairman of the Index Committee for S&P Dow Jones Indices, “There is no bubble to be anxious about.”

Blitzer isn’t alone. According to NAR Chief Economist Lawrence Yun, it isn’t a bubble that he worries about with the price increases, but that the lack of affordability may decrease demand.

This month marks the 35th consecutive month of a climb in home prices, based on the S&P/Case-Shiller Home Price Index released Tuesday, The Wall Street Journal reports.” (Professional Builder Online)

The full Wall Street Journal article is at:

Denis Leonard has a degree in construction engineering an M.B.A. and a Ph.D. in quality management. Denis is a Fellow of the American Society for Quality, a Certified Quality Manager, Auditor, and Six Sigma Black Belt. He has been an Examiner for the Baldrige National Quality Award Board of Examiners a Judge on the International Team Excellence Competition and a Lead Judge on the National Housing Quality Award. A former Professor of Quality at the University of Wisconsin, he has experience as a quality manager in the home building industry as well as construction engineer, site manager, and in training, auditing, and consulting with expertise in strategic and operational quality improvement initiatives. His work has achieved national quality, environmental, and safety management awards for clients. 

Denis is co-author of The Executive Guide to Understanding and Implementing the Baldrige Criteria: Improve Revenue and Create Organizational Excellence.