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You are here: Home / 2020 / May / Archives for 21st

Archives for May 21, 2020

Shocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be Lurking

May 21, 2020 by Ted Leave a Comment

a machine gets ready to start constructing a housing project

Existing Home Sales Decline as Well

I’ve been saying for a while now that really, really tough economic data was coming. Even though it was obvious to many of us that the economy was crashing – thanks to COVID-19 – it takes time for backward-looking statistics to catch up. Well, now they’re starting to catch up and with overall residential housing construction starts dropping an eye-popping 30.2% in April…they are ugly.

But read on to see why one piece of data seems to suggest that a housing turnaround make be lurking in the near future – or is even already here…

Learn more about this new data on the housing market…

[Read more…] about Shocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be Lurking

Filed Under: Associations, News, Pivot Point, Statistics Tagged With: existing-home sales, housing starts, mortgage applications, residential construction

Mike Park, Key Partner and CTO of James Loudspeaker, Retires

May 21, 2020 by Ted 3 Comments

Mike Park of James Loudspeaker
Mike Park [Click to enlarge]

Mike Park, a key partner and Chief Technology Officer (CTO) of James Loudspeaker, retired this month due to health issues, the company has announced. It would be hard to overstate Park’s influence in the growth and success of James Loudspeaker. As a key role player in the company for the last 15 years, Park has made many contributions to the company’s technology direction and product development, driving an era of rapid growth that ultimately led to James’ acquisition by Sonance in 2019.

See more on Park’s retirement from James Loudspeaker…

[Read more…] about Mike Park, Key Partner and CTO of James Loudspeaker, Retires

Filed Under: People Tagged With: James Loudspeaker

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‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

At the International Builders' Show (IBS) in Las Vegas, NV, earlier this year, … [Read More...] about ‘The New American Home 2025’ Gets Its Smarts & Its Power from Savant

  • Sonos Board Decides to Upgrade Interim CEO Tom Conrad to Official CEO
  • New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024
  • Premium Audio Company and Pioneer Corp Formally End Partnership

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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