According to a recent report, the national housing market has now regained enough momentum to provide an engine of growth for the US economy.
ProSales Magazine recently looked at a report from Metrostudy that indicates the nation’s 100 largest homebuilders accounted for 54% of all home sales closed in 2015.
The following article is an interview with Ivy Zelman. Her sentiments that may be of particular interest to the components industry have been highlighted in bold.
Few questions more clearly define the business model of a ProSales 100 dealer than whether it just sells stuff or also makes and installs it.
Two time and volume frameworks run simultaneously in the minds of the nation's bigger home builders and developers.
Seemingly everyone applauds the recent surge in home prices as a positive sign for the economy. But, in fact, it isn’t. If anything, it’s a sign the federal government still hasn’t learned its lesson about excessive regulation.
There's a day every year that the Builder 100--a survey-driven rankings of home building's largest companies by volume during the prior calendar year--comes to light. Today is that day.
Despite the lack of surging growth in homebuilding, economists are optimistic about the industry's future — especially now that the market has been able to move past the boom and bust ramifications.
Home sales are up 22% year-over-year in Dallas-Forth Worth in the first quarter of 2016 according to Dallas Business Journal staff writer Candace Carlisle, with 7,035 single-family homes sold.
Demand for housing will likely outpace supply over the next 5 years - a promising condition for the health of our industy's future.