Apologies to Paul Simon, but when I looked at the long list of design ideas I compiled while at the International Builders’ Show in Orlando, I thought I’d try to mention 50 of them—a nice round num
Industry Data & Research
Industry data and research for professional home builders and remodelers.
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.
What makes a home a best-seller? Price, location, and amenities are important, but design can make or break a sale. We profile eight home designs that have what it takes to make customers sign on the dotted line.
MHI acquires Austin builder Wilshire Homes
Houston-based McGuyer Homebuilders (MHI) has acquired the assets of Austin-based Wilshire Homes, giving MHI a stronger presence in the Austin and San Antonio markets. The new entity, called MHI Central Texas, has plans to build more than 600 homes annually throughout Texas by 2014.
New twists on standard market research methods help builders spot opportunities and more effectively pinpoint buyer groups.
20 ways to save $5,000 a unit
From optimizing foundation design to reducing roof pitch to re-thinking your trash-removal process, Lean operations guru Scott Sedam identifies numerous ways to save a bundle on each and every home you build.
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, 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.
Builders profit from distressed land acquisitions
While many home builders are minimizing exposure to land assets, opportunistic companies like Charter Homes, Signature Homes, and Toll Brothers view distressed land acquisition as a solution for both short-term survival and future success.
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.