In North Carolina's Triangle region, known as the areas between Raleigh, Durham, and Chapel Hill, the top 10 builders account for most of the home starts.

The small market has usually been known to spread the market share across a number of builders, giving smaller, local firms a good cut of the pie. Now it seems the top 10 builders in the area have eaten up most of the opportunity. According to Metrostudy, the market share among the top 10 builders in the Triangle region between 2008 and 2016 has increased 85% based on new housing starts.

Market consolidation like the merger of Standard Pacific and Ryland Homes is a big reason for the large market share in the top 10 builders. The availability of capital and inventory is proving to be another problem for smaller builders in the area.

Read more >