| Street |
Though Wall Street ended solidly in the black for the month of September, builders continued to suffer as weakness in the sector pushed stocks lower, both in the Builders' and Product Manufacturers' indexes.
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| Sell |
Rick Heaston reminds homebuilders to pay attention to their own perspective and that of their customers when building a sales strategy.
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| M&A Report |
In the first of two articles, homebuilders managing their companies through the soft housing market, with an eye to attracting capital, are encouraged to reduce standing inventory aggressively, improve their reporting capabilities, and approach their lenders to renegotiate borrowing terms. The methodology of investors “buying-in” is explained.
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| Market |
The Riverside-San Bernardino market is replacing Fort Myers as the poster child for everything that has gone wrong during this down cycle in the housing market. Riverside-San Bernardino will continue to be one of the hardest-hit major housing markets over the coming years, and possibly one of the last to see signs of recovery. Here are some reasons why.
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| Moves |
Names recently in the news include Michael Sumichrast, Maggie Toro, Tim Jones, Richard Fadil, David Hill and Sheryl Palmer.
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| Process |
By setting and enforcing quality standards with your team, you can minimize warranty claims and retain more profit from the homes you sell both now and in the future.
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| From the Editor |
Housing Giants is not just a magazine anymore. It’s an ever-changing collection of print and interactive Internet media—now including blogs—all with the goal to stay current with, or even ahead of, changes in information delivery technology. The constant goal is to get the information builders need to operate their businesses successfully to them as fast as possible. Any medium that lags behind will be left behind.
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| Design |
Whatever path builders take to successful design centers, the result is customers who enjoy the selection process and typically spend 10 to 20 percent of the home’s selling price on options, upgrades and personalization. Here’s a look at four companies’ design centers and what makes them work.
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| Online |
Next year, you will receive Housing Giants four times as often as you do now. Instead of getting the magazine every other month, we'll send it to you every other week. That will give you more timely news at a time when you need to be on top of what's going on in the industry.
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| Design |
Live/work units that combine a residential townhouse and a ground-floor office or retail space are not just for florists and potters, they also work for professionals such as accountants and lawyers or those who want to scale back but not retire completely. That’s a large and growing market segment, and the margins on live/work buildings are eye-popping.
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