Patrick L. O’Toole is the former editorial director and publisher of Professional Builder, a 77-year-old publication that is read by 112,000 builders each month. Previously, O’Toole served as editor and publisher of Qualified Remodeler magazine. He started his career as a reporter for the Associated Press in Chicago. He holds a B.A. from Miami University and a masters degree in journalism from Columbia College.
Baby boomers are builders’ best friends.
During a recent trip to Southern California, I was struck by the pervasiveness of far-forward planning by builders big and small.
Our ranking of the industry’s largest companies, Professional Builder’s annual Housing Giants report, reveals a lot about the home building market.
In home building, experience counts for a lot. It takes years and, in some cases, hard lessons learned to move forward in profitable new directions.
Late last month the NAHB/Wells Fargo Housing Market Index, more commonly known as builder confidence, fell by 10 points from 56 to 46.
The volume of technology news from the Consumer Electronics Show held last month in Las Vegas was enormous.
Business often is equated to card games like poker, where minimum bets are required so a player can keep a seat at the table.
New projections from Freddie Mac suggest a sea-change in housing in 2014.
There is a veritable geyser of data tracking housing today. From existing-home sales, to house prices, to new-home permits, to starts—housing metrics abound.
Elon Musk, the founder of PayPal, the SpaceX project, and the promising new Tesla Motor Company, is the kind of entrepreneur you want to have in your neighborhood. He is the Bill Gates of his generation, creating good, high-paying jobs that will likely last for years.