Although Large Companies May Build More Than 20,000 Homes Per Year, the Top Ten Builders Together Hold Only 10 to 15 Percent of the Market.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c36455) has announced the addition of "Residential Real Estate Construction -- Industry Profile" to their offering. About 140,000 companies build or renovate homes in the US, with combined annual revenue close to $350 billion. Large builders include Centex Centex (NYSE: CTX) began trading publicly in 1969. Since the company’s founding in 1950 as a Dallas-based residential construction company, it has evolved into a company whose principal operations are focused on residential and commercial construction and related , Pulte, Lennar, and DR Horton Horton, river, c.275 mi (440 km) long, rising in a lake N of Great Bear Lake, Northwest Territories, Canada, and flowing NW to Franklin Bay, a part of the Beaufort Sea. . Most builders are small, with about ten employees, build from five to 20 homes per year, and have annual revenue under $3 million. Only about 2,000 companies have annual revenue greater than $10 million. The industry remains fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. . Although large companies may build more than 20,000 homes per year, the top ten builders together hold only 10 to 15 percent of the market. Demand for new housing depends on population growth and is linked to low interest rates. Large builders have some advantages in purchasing and marketing, but building methods are essentially the same for large or small builders. While larger builders have efficiencies because they can repeatedly build the same home models, they generally develop projects on large pieces of land. Small builders, therefore, do most home construction in dense urban markets where little land is available. Major products are single-family homes and multi-family buildings. Out of an average 2 million homes built each year, 80 percent are single-family homes and 20 percent are units in large apartment-style buildings. Multi-family units can be either apartments or condominiums. Home remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling accounts for about 15 percent of industry revenue. Companies generally specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in either single-family or multi-family work. These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize To create a whole or complete unit from parts or components. See synthesis. information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely. These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. Key topics covered: - Industry Overview - Quarterly Industry Update - Business Challenges - Trends and Opportunities - Call Preparation Questions - Financial Information - Industry Forecast - Website and Media Links - Glossary A term used by Microsoft Word and adopted by other word processors for the list of shorthand, keyboard macros created by a particular user. See glossaries in this publication and The Computer Glossary. of Acronyms Companies mentioned: - Centex - Pulte - Lennar - DR Horton For more information visit http://www.researchandmarkets.com/reports/c36455 |
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