FEATURES

  • Problem Solved

    Three years ago, Star Development Corp. decided to try modular housing rather than continue with stick building for its infill projects. Since then, the Ann Arbor, Mich.–based company has purchased more than 200 homes from modular housing manufacturer Genesis Homes.

     
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    Builder 100

    Alan B. Levan of Levitt Corp is profiled as part of the 2006 Builder 100.

     
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    Jerry Starkey

    Jerry Starkey is CEO of WCI Communities, the 40th ranked company in the 2007 Builder 100.

     
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    Kim Shelpman

    Kim Shelpman is CEO & President Holiday Builders, the 28th ranked company in the 2007 Builder 100.

     
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    Ara Hovnanian

    Ara Hovnanian is CEO of Hovnanian Enterprises, the 6th ranked company in the 2007 Builder 100.

     
  • Next 100 Snapshots

    Next 100 builders did not fare as well in the soft housing market as their larger brethren in the 2007 BUILDER 100.

     
  • BUILDER 100 Snapshots

    The top 100 builders from 2006.

     
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    Acquisition Season

    As the cooling-off period in the housing market continues through 2007, conditions may improve for mergers and acquisitions among the nation's leading home builders, say industry experts.

     
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    Reality Check

    Dan Ryan started Frederick, Md.–based Dan Ryan Builders in 1990, so the recent downturn in the housing market was his first. During the boom that preceded it, Ryan says his company, like many others, “threw our mission statement to create the best value for buyers out the window and priced [our...

     
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    Rising To The Challenge

    FROM HIS VACATION HOME amidst snow-covered pines in Telluride, Colo., Toll Brothers CEO Bob Toll reflected on 2006, saying it was “not bad.” Toll Brothers increased its revenues 5.7 percent to $6.12 billion, though its closings fell 1.9 percent to 8,601 units, placing the Horsham, Pa.–based builder...

     
  • Still on Top

    FOR THE FIRST TIME SINCE 2002, THE TOP three companies on the BUILDER 100 list traded places. While D.R. Horton remains on top, Lennar Corp. rode a 7,209-unit closings increase to become the new No. 2, and tightened the gap on the list leader to just 3,842 closings. Pulte Homes shifts back to third...

     
  • The 2006 BUILDER 100 Revealed

    For the first time since 2002, the top three companies on the Builder 100 list traded places. While D.R. Horton remains on top, Lennar Corp. rode a 7,209-unit closings increase to become the new No. 2, and tightened the gap on the list leader to just 3,842 closings. Pulte Homes shifts back to third...

     

INSIDE STORY

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    Tax ID Debate Emerges

    A bill introduced in Congress earlier this year by Rep. John Doolittle (R-Calif.) would require home buyers to have a social security number to obtain a residential mortgage for a primary residence. The Doolittle legislation could derail the increasingly popular mortgage technique of allowing...

     

SUCCESS STORIES

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    It Takes a Village

    Gerald Goray, President of Boca Raton, Fla.–based Goray Communities and Randy E. Rieger, principal of Housing Trust Group in Coconut Grove, Fla., each have lengthy track records for developing high-quality residential and commercial properties in Florida and other states. Their projects have ranged...

     

TOP SHELF

  • Top Shelf: May 2007

    This month's top shelf products include the high-end bathroom suite by Troy Adams Design, screws from Trufast that eliminate the need for pre-drilling in wood, and thicker countertops from Eos Solid Surface.

     

PRODUCTS

  • Energy Star Gazing

    With electricity prices rising as much as they have been for the last five years, it is important that you outfit your homes with as many energy-saving features as possible. One way to do this is with Energy Star-qualified lighting packages.

     
  • High Style

    A great kitchen has many important elements, including cool appliances, hardworking countertops, and an attractive yet durable floor to withstand abuse. But don't kid yourself: All of these things come second to the element that really anchors the kitchen—the cabinets.

     

TECH TOOLS

  • Tech Tools: March 2007

    - Builders and designers relying on Chief Architect to help sell upgrades in kitchens and other parts of the house. - Sage Software to ship Estimating for Master BUILDER in April.

     
  • Public Service

    THE LOCAL HBA IS ONE of the first phone calls a home buyer will make when shopping for a home in a new community. About two years ago, when the market was hot, the Metropolitan Builders Association of Greater Milwaukee received a flood of calls and came up with the idea of redirecting inquiries by...

     
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    Supply Chain Progress

    During the rise of the internet era in the late 1990s, while the automotive, aerospace, and most other industries moved forward with B2B e-commerce, BuildNet, the building industry's e-commerce play, failed miserably. The result was that home building lagged far behind most other industries in this...

     

NATIONAL BEAT

  • Soft Landing

    DURING THE 2004–2005 housing boom, the U.S. home building industry operated at an unsustainable level. Double-digit annual appreciation rates of homes drew investors into the market, increasing demand and fueling overproduction. Throughout this period, housing industry experts maintained that a...

     
  • Bad to Worse

    IN MY COLUMN LAST MONTH (“LAX LENDING,” April, page 70), I discussed the relaxation of mortgage lending standards that fueled the unsustainable housing boom of 2004–2005, the snapback of lending standards that began late last year, and the threats posed by tightening standards to the NAHB's...

     
  • Cost of Living

    America is experiencing a serious housing affordability crisis that affects the quality of life of millions of families by locking them out of homeownership or forcing them to make significant financial and personal trade-offs to buy or rent a home.

     
  • NAHB Briefs: May 2007

    - The NAHB and the International Code Council announce the appointment of members of the Consensus Committee on the National Green Building Standard. - The NAHB recently announces the release of its latest safety product, the Home Builders' Safety Program. - Four NAHB member developers win the...

     

FIRST DRAFT

  • Parking Space

    Q: I'm building on a small lot with a requirement for a front-loaded garage. How can I design an attractive street elevation that minimizes the garage's impact on the house and the site?

     

MARKET SMARTS

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    Luring Sales

    On a rainy Saturday morning last October, the developers of the low-density, lakeside resort project Firefly Cove, on Lake Lure near Asheville, N.C., sold 24 home sites and condominiums—representing $15 million and accounting for more than half of the first phase's release—within three hours.

     

THE NUMBERS

  • Rapid Descent

    While the nation's largest builders continue to gain share of the new-home market, the number of new homes sold annually is on the decline, according to industry experts.

     

WALKTHROUGH

  • San Jose, Calif.

    San Jose, located at the southern end of the San Francisco Bay and entirely too close to the San Andreas Fault, is also an epicenter of history in California. It was the first town in the Spanish colony of Nueva California, as well as the first incorporated city and the first capital of California...

     

HOUSE BLEND

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    Measured by the Foot

    PEDESTRIANISM BY DESIGN has become a mandate for most urban planners, but certain assumptions about what makes a neighborhood walkable haven't been empirically challenged—until now. A recent study by the RAND Corp. confirmed that pedestrian activity increases in areas featuring grid street patterns...

     
  • Southern Springboard

    WHEN ONTARIO, CALIF.–based Frontier Homes finalized its $29 million purchase of the real estate assets of bankrupt builder Turner-Dunn in February, it not only established its first beachhead in Arizona, but possibly set the stage for further growth in the Southwestern U.S.

     
  • Lab Work

    EARLY NEXT MONTH, THE NAHB RESEARCH Center in Upper Marlboro, Md., will throw the switch on its new 42,000-square-foot laboratory and market research facility. The new facility will allow the Center to test products and systems under simulated real-world conditions.

     
  • House Blend: May 2007

    - Data from the National Association of Realtors show that single women accounted for 22 percent of home sales nationally in 2006—up from 14 percent in 1995. - Recent survey finds that ranch-style houses are gaining in popularity. - State politicians in California, Connecticut, and New Jersey...

     
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    House Blend: May 2007

    - Faulty plumbing fittings cause legal morass in Las Vegas area. - Data from the National Association of Realtors show that single women accounted for 22 percent of home sales nationally in 2006—up from 14 percent in 1995. - TNDs have sparked a revival of classical elevation styles in recent...

     

OTHER ARTICLES

  • BUILDER 100: Inventory Problems

    Between spec homes that didn't sell, investors who canceled due to market conditions, and move-up home buyers who couldn't sell their existing homes, builders got stuck with a lot of inventory in 2006.

     
  • Between The Gaps

    There's a curse of obscure origin that goes: “May you live in interesting times.” Someone must have slipped that message into Sam Rashkin's fortune cookie, because Mr. Rashkin has been having two very interesting years.

     
  • 235 Eudora Street, Denver

    When you're building in an infill environment, neighbors inevitably become part of the design equation. To avoid putting on a show for the adjacent house, this handsome bath features an oversized picture window, the bottom half of which is obscured glass. “This feature lets light in and maintains...

     
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    Locker Residence, Washington

    BECAUSE OF THEIR (USUALLY) diminutive size and their single-loaded views, condos are challenging spaces to renovate and brighten, especially the kitchen area. Fortunately for architect William L. Feeney, this condo in a 1950s building had features he could work with.

     
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    60 Clermont Street, Denver

    DESIGNER DEBRA TONEY DESCRIBES the exterior elevation style of this Denver spec home as Asian-influenced Arts and Crafts. It's an aesthetic that clearly set the stage for a succession of serene, zen-like interiors. The professional-grade kitchen, for example, is a study in restraint, eschewing bold...

     
  • James Residence, Minneapolis

    Gutting a space and starting over from scratch is one thing. Integrating new materials with elements preserved from a kitchen's former life is another story. That's what the design/build team at Streeter & Associates was up against in the remodel of this 1908 home.

     
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    Ragavan Residence, Bryn Mawr, Pa.

    THIS 1960S KITCHEN SUFFERED some of the typical ailments that usually afflict out-of-date spaces—low ceiling, lack of adequate natural light, poor access to the outside (both visual and physical)—but a series of simple interventions by architect Stephen Varenhorst brought the space into the 21st...

     
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    Meadow Residence, Edgartown, Mass.

    FROM THE OUTSIDE, THIS SECOND home on Martha's Vineyard looks traditional, insofar as its building forms hark back to the agrarian structures that once occupied the land. Inside, however, the design takes some delightful and unexpected turns.

     
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    Kwan-chiliade Residence, Washington

    This D.C. kitchen proves that a well-organized small space is much more efficient than a poorly designed large one. Located in a 1,670-square-foot row house, the new kitchen was reduced by one-third, but better circulation, abundant light, and architectural details help the space live large.

     
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    Old Dominion Showhouse, Mclean, Va.

    IS IT RETRO? IS IT CONTEMPORARY? This heavenly, 340-square-foot master bath defies any one label, proving that eclecticism can be stunning when its done right. “The entire house was designed to resemble a farmhouse that evolved over time, so mixing different elements and genres in the bath felt...

     
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    1748 Winchester, Chicago

    SECONDARY PREP KITCHENS—I.E., backstage zones where mess can be corralled during parties—are all the rage in luxury homes on big lots. But doubling up on culinary space wasn't an option in this slender urban row house measuring just 19 feet wide. Although the owners were happy to forgo a formal...

     
  • The 2007 Watermarks Awards

    You can always count on the wet areas of a home to serve as laboratories for experimentation and as harbingers of what's hot in residential design. Clean lines and contemporary finishes continued to make inroads in this year's Watermark Awards, even in homes whose exteriors ring traditional.

     
  • Apartment Boom

    It's good to be an apartment developer again. Rental builders across the country breathed a collective sigh of relief last year as the once red-hot condo market began to cool. They took advantage of the long-awaited marketplace shift and broke ground on a large number of rental units in 2006.

     
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    New to the Neighborhood

    WHY IT WORKED: This project, near Chicago's Loop and lakefront, is the only new construction in the area, which has seen a population boost in recent years. A wide variety of options—townhomes, walk-up condominiums, and duplexes—give buyers plenty to choose from.

     
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    Right Price

    WHY IT WORKED: These homes were just what buyers wanted, priced to sell—even when the pool of interested prospective homeowners began to dry up. Irving Gill–inspired architecture helped make Shea Homes' first attached product at Windingwalk a success with first-time buyers, empty-nesters, and...

     
  • Hot Sellers: On Target

    Orland Park Crossing, 30 miles southwest of Chicago, has lots of what its target market—young professionals and downsizers—wanted, including good commuting options, top-notch interior features, and proximity to a new redevelopment area in the Village of Orland Park.

     
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    Good News, Bad News

    In a year when the country's new-home sales fell precipitously, by around 17 percent, the BUILDER 100, as a group, more than held its ground, dropping its total closings by a scant 1 percent over 2005's totals. That difference in year-end numbers leads to an even more amazing conclusion—that the...

     
  • Kitchen/Bath Industry Show Product Watch

    The Kitchen and Bath Industry Show (KBIS) may be half the size of the International Builders' Show-in attendees, exhibit space, and in the sheer number of exhibitors, but for a products editor it is not any easier to cover. Why? Because the concentration of cool stuff to see at KBIS is staggering.