Chuck Shinn: Rx from the Profit Doctor
Charles C. Shinn, Jr., PhD, often referred to as the Profit Doctor, is the founder of the Shinn Group of Cos., The Lee Evans Group, and Builder Partnerships. His constant focus is to help builders and manufacturers to improve the performance of their companies, enhance relationships, and ultimately maximize their total profits.
This last week I have been contacting builders across the country and everyone has said their traffic has increased since the first of the year and that the quality of the traffic is very good. From New England, the mid-Atlantic, Florida and the west coast builders are seeing increased buyer traffic. The reduction in housing prices, the historically low mortgage interest rates, and the revitalization of FHA may be taking effect and we are seeing the beginning of stabilization for housing.