It was the “pop” in the real estate bubble that everyone worried would happen, and it led to catastrophe, with many losing their homes and savings. It was also a hard time for real estate investors, developers, builders, agents, and brokers. Home prices plummeted and it was really difficult for homes to get sold.
Since its start in 1967, The Ryland Group has built over 300,000 homes across the nation. The Ryland Group also owns The Ryland Mortgage Co., which allows homeowners to finance their homes through the same corporation.
Hovnanian Enterprises was started in 1959 and employs approximately 1,500 workers. This company builds houses for anywhere from $40,000 to $3,000,000 dollars, however, the median range of prices for these homes is about $300,000. It builds homes in 20 states.
NVR Inc is one of the biggest names in the home building industry due to the massive number of employees that are staffed by this company. Over 5,000 workers are given meaningful and satisfying jobs due to this homebuilding company. This company builds homes in 25 markets and 15 different states.
ennar Home Builders have been around for quite some time. Since its founding in 1954, the company has focused on retirement homes for the elderly. These are the single level homes that are usually built in 55+ communities and give the elderly option to amenities such as hiking, golf, and other enlightening activities. These homes are available in 18 different states.
The company’s goal is to offer homes for first time homeowners, then move them to larger homes, and even provide single level retirement homes for their customers. This company operates in 51 markets and 26 states. It had a rough time financially in 2007, 2008, and 2009, but have recovered very well in the recent economic upturn.
D.R. Horton is currently the biggest home builder in America, and focuses on single family homes for middle class and high end buyers. They currently have homes in 71 markets and 26 states.
1, How to build a new construction home or custom home - How to find land and build a home
5, Jefferson Model - Lennar Homes
Introducing the true crown jewel of One Queensridge Place, the founder's penthouse! Rare pietra dura artistry, Venetian plaster and Jerusalem stone flow freely throughout 3-levels of perfection. 7 outdoor terraces provide breathtaking views of the entire valley. Highlights include 6 ensuite bedrooms, theatre, library, private pool and elevators. An 8-car garage with attached 2-bedroom chauffeur's condo complement this spectacular estate in the sky. Asking Price $15,000.000
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