Hamlet Homes' Mike Brodsky on Finding Successors and Letting Go
A transition that involved a national executive search, an employee buyout, and Builder 20 group mentorship to save the deal
Communication Remains Key For New Wave Of Construction Professionals
Building Momentum in 2017
Predictions and strategy from a big builder
For Great Customer Service, Company Culture Needs to Thrive
Industry veterans share advice on the strong relationship between a consistent climate of excellence and a great buyer experience
Get it Right, a UK Construction Quality Effort
Scopes of Work and Checklists downloads
John Burns: 4 successful builder strategies for maximizing revenue
Home builders must be firing on all cylinders to make money during these trying times, says John Burns, CEO of John Burns Real Estate Consulting. Burns highlights four common strategies firms are employing to maximize revenue.
Report: Increased competition in strong markets hurting builders
As more home builders flock to housing markets that have remained relatively healthy through the downturn, the increased competition is starting to impact sales, according to new data from John Burns Real Estate Consulting. Raleigh, N.C., and San Diego are among the presumed stronger markets that are seeing lower year-over-year net sales per community.
Is social media marketing worth the investment for home builders?
Last month, I had the pleasure of spending a day in Seattle speaking to local home builders and remodelers about the growing importance of social media in their overall marketing efforts.
Publisher's letter: Cut through the confusion
Several of us at Professional Builder are traveling the country this spring, speaking at The Pro Expos presented by Pella. The events are being held in 30 cities. For us, it is an invaluable opportunity to connect with builders, architects, and developers and to hear their strategies and tactics for managing through the downturn. One of the presentations we offer in every market is: “Bootstrap Sales and Marketing for Builders,” written by our sales columnist Bob Schultz.
North Dakota, Minnesota top list of states with healthiest housing markets
With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according data from LendingTree. Other states to make the list include Minnesota, Texas, Indiana, and Iowa.
6 emerging market research techniques
New twists on standard market research methods help builders spot opportunities and more effectively pinpoint buyer groups.
Investment group buys Taylor Morrison and Monarch for $955 million
A consortium of private investment firms has acquired the U.S. and Canadian operations of U.K. home builder Taylor Wimpey for $955 million in a deal that is expected to close in May. The deal involves the acquisition of Scottsdale, Ariz.-based Taylor Morrison and Canadian builder Monarch Corp.
M/I Homes enters San Antonio market with TriStone Homes acquisition
M/I Homes, Inc. announced that it has acquired the assets of TriStone Homes, a privately held home builder based in San Antonio, Texas, for an undisclosed purchase price paid in cash. The acquisition marks M/I Homes' entry into the San Antonio market and a continued expansion of M/I Homes' operations in Texas. The company entered the Houston market last year.
NAR: Pending home sales up 2% in February
Following a two-month slide, the Pending Home Sales Index rose 2.1 percent to 90.8 based on contracts signed in February, according to the National Association of Realtors. Since bottoming out last June, the index has trended upward, even with periodic monthly declines.
Professional Builder webinar: 35 Moneymaking Ideas for Builders in 2011
Making money as a builder has never been more demanding than it is today. New tools and ideas are required to achieve success. Join Professional Builder's editors Patrick O'Toole and David Barista and columnist Scott Sedam for a fast-paced, one-hour webinar loaded with ideas you can use in your business today. This free webinar is available on demand.