Though many small builders closed their doors with little fanfare in 2007, public builders were in the national news on a weekly basis for slashing prices, losing money, or blaming the media and mortgage industry for the industry’s fall.
With starts down and cancellations up, builders no longer expect a home run with each new community. Now, they'll settle for base hits, for doubles, and even for walks that finally get that languishing spec house and its shrinking margins off the field. Veterans look at the rookies and shake their...
Home building is in the blood of this year’s winning builders, and it shows in their products and companies.
What a difference two years makes. The industry has officially cooled since 2004, when BUILDER debuted its list of the 50 most influential people in home building. Builders who couldn't keep up with the demand for their product then are now scrambling to sell aging inventory. In 2004, home builders...