Key Issues
The first key issue is the decline in the home construction industry over time. According to the Federal Reserve’s Beige Book Report of 2006, significant decline in the real estate had been noted in various parts of the country. Various districts had been recording a go-slow in home construction and sales of already constructed homes. The second key is issue is the changing target market that had been identified by Richard and his partner. When they started the real estate management firm, they identified the target market as those individuals staying around the area, within a radius of 100 miles. ...
