GLG Topic: Homebuilding Industry
Homebuilding encompasses developers and related entities that primarily construct new detached single-family housing in suburban locations. Production homebuilders acquire large tracts of unimproved land and utilize mass-production techniques to construct new homes and create large residential communities. The homes are typically offered as individual units for sale only. Major homebuilders include KB Home, Centex Corporation, D.R. Horton, The Ryland Group, Toll Brothers, Inc., Pulte and Shea Homes.
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Leading Experts: Homebuilding Industry
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Anthony TrellaCEO/President
The Meranth Company, Inc.
Anthony J. Trella is owner and President of The Meranth Company, a development and investment management firm. He has been President/CEO or Senior Executive of such nationally recognized companies as Markborough Communities, Inc., Pulte Home Corp. and American Capital Corp. In these positions he has...
FormerVice President - Sales & Marketing
John Laing Homes
Bill Pisetsky most recently served as the Vice President of Sales and Marketing at John Laing Homes - Urban Division in Southern California. Prior to joining John Laing, Mr. Pisetsky was the Vice President of Sales and Marketing at Shea Homes Southern California. His expertise includes all aspects...
Principal
Marketing Solutions
Steve Bottfeld is a Principal of Marketing Solutions, a Las Vegas-based firm which specializes in real estate economics and consumer research. Mr. Bottfeld is considered an expert on the state of the Las Vegas market and his clients range from Citibank to Coca Cola. He was recently the Managing Director...
Study Groups: Homebuilding Industry(?)
| Study Group Name | Members |
|---|---|
| Residential Operative Builders and Developers (Florida) | 192 |
| Production Homebuilding Experts | 1450 |
| Production Homebuilding General Contractors | 76 |
GLG NewsSM
Analysis: Homebuilding Industry(?)
The Las Vegas housing industry started the New Year with dismal sales volume, declining inventory and median prices that appear to be in the process of stabilizing. In view of January’s housing statistics, this year may, in fact, have started with a good news/bad news scenario. The bad news came...
Unsold inventory is at an extremely high level, which will be increased significantly as mortgage foreclosures continue to ramp up through 2008. The median home price has dropped only 4.6% year over year. Even with historically low interest rates, the credit crunch will continue to suppress...
There is no doubt that homebuilding is well off its peak building year of 2005; however, smart builders such as NVR are well positioned to take advantage of opportunties that do exist in this current market to build market share. NVR's strategy of lot options allows a more flexible business plan that...
The housing market returns to heathly levels as percieved demand is replaced by real demand, and reverts to affordable levels to meet the real homebuyers needs.
GLG InstituteSM
Seminars: Homebuilding Industry(?)
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