As part of its multi-year effort to consolidate its management structure, PulteGroup will eliminate as many as 10 executives at the divisional president level or higher, according to a Wall Street Journal report. The cuts come several months after Pulte
Home builders must be firing on all cylinders to make money during these trying times, says John Burns, CEO of John Burns Real Estate Consulting. Burns highlights four common strategies firms are employing to maximize revenue.
As more home builders flock to housing markets that have remained relatively healthy through the downturn, the increased competition is starting to impact sales, according to new data from John Burns Real Estate Consulting. Raleigh, N.C., and San Diego a
Last month, I had the pleasure of spending a day in Seattle speaking to local home builders and remodelers about the growing importance of social media in their overall marketing efforts.
Several of us at Professional Builder are traveling the country this spring, speaking at The Pro Expos presented by Pella. The events are being held in 30 cities. For us, it is an invaluable opportunity to connect with builders, architects, and developer
With an unemployment rate of just 3.7 percent and a low debt-to-income ratio, North Dakota ranks as the state with the healthiest housing markets for 2011, according data from LendingTree. Other states to make the list include Minnesota, Texas, Indiana,
A consortium of private investment firms has acquired the U.S. and Canadian operations of U.K. home builder Taylor Wimpey for $955 million in a deal that is expected to close in May. The deal involves the acquisition of Scottsdale, Ariz.-based Taylor Mor
M/I Homes, Inc. announced that it has acquired the assets of TriStone Homes, a privately held home builder based in San Antonio, Texas, for an undisclosed purchase price paid in cash. The acquisition marks M/I Homes' entry into the San Antonio market and
Following a two-month slide, the Pending Home Sales Index rose 2.1 percent to 90.8 based on contracts signed in February, according to the National Association of Realtors. Since bottoming out last June, the index has trended upward, even with periodic m
Making money as a builder has never been more demanding than it is today. New tools and ideas are required to achieve success. Join Professional Builder's editors Patrick O'Toole and David Barista and columnist Scott Sedam for a fast-paced, one-hour webi
