It’s difficult to explain what has happened over the last few months in the local market. Most of the press have eyes on London and the South East. There is a boom there without doubt.

One of my housing developer clients told me they are seeing £350,000 for a 500 square foot studio apartment in Islington. That’s a space 20 ft wide by 30 ft long. In that you have to squeeze a bathroom, kitchen and living sleeping space. The plan picture is 500 sq ft. Imagine if there re two of you – cosy!

You might have spotted that my blog posts are a little sporadic of late. The reason is that my work-life has changed beyond recognition in the last six months. I have bids at pre-crash prices on land, I have offers out on buying land and buildings and we are working as long hours as I can remember. All great for profitability – hard on the sleep thing!

But i can’t help but wonder if this is all a bit flash in the pan. None of us hope that this is the case – it’s been a long depression! But we all know that any Government funded schemes have to be spade ready and ideally finished before next March. The interest rates may well increase – although I have a suspicion that June 2015 is more likely than next January!

All eyes are on the General Election. In reality no one knows what is going to happen – uncertainty never helps a fragile market.

I just hope that we don’t go bust – again.