Thursday, May 28, 2009

Shrinking Builders

Professional Builder recently issued there 2009 Housing Giants list. Typically they have listed the top 400 builders in the country based on revenue. This list would typically include the large national builders such as DR Horton, Centex, KBhome, Standard Pacific Homes, as well as larger regional builders. With a few exceptions, small volume local builders would not be on the list.

With the residential crash, this years list is the top 350, not the top 400! The smallest builder on the list, only built 50 homes last year. In the not too distant past, a 50 home builder would have been considered a small volume local builder. My how things have changed.

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