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Median price falls as inventory drops marginally from upwardly revised September numbers.
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A slide show of images from the home building industry's one-of-kind event taking place this week in Las Vegas, Nevada.
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Four sales and marketing executives at top home building firms shared top tips on what's working in even the most troubled markets during Big Builder '07, which took place at the Mandalay Bay in Las Vegas. Check out some of the highlights.
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Four builders discuss the tangible returns of an effective customer care program.
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Oftentimes, the worst scenarios bring out the most innovations. That's what happened to Frank Foster, CEO of Fieldstone, in the early '90s.
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Two years ago at the Big Builder '05 Conference, the conversation in a session dedicated to talent was all about how to grab enough warm bodies to fill the jobs spawned from our industry';s incredible growth.
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Big Builder senior editor Les Shaver kicked off "The New 'A' Locations" on Wednesday, Nov. 28 with a joke about overhearing a builder refer to "'land' as a four-letter word." However, the subjects tackled during this timely session were anything but a laughing matter.
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To provide our readers with one-stop-shopping in the quest for breaking news, Big Builder scoured the Web for thought-provoking and engaging analysis of recent home building headlines. Check out what these industry experts have to say about the current state of the market.
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It's not your father's retirement community. In fact it's not a retirement community at all any more, with more than half the buyers reporting that they are still working when they move in, a panel of active adult community builders told an audience at the Big Builder '07 session, "Reinventing...
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Cutting the costs of building a house has more to do with building supplier partnerships to eliminate inefficiencies and develop synergies than it does with hammering suppliers for price reductions, top builder supply chiefs told a group of Big Builder '07 attendees Wednesday, Nov. 28, during the...
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On Tuesday, Nov. 27, four leading home builder executives spoke to attendees of the Big Builder '07 Conference at the Mandalay Bay in Las Vegas regarding the steps they took to outperform their peers and exceed expectations, even in a tough market.
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The executives at C.P. Morgan wanted to see just how much change orders added to cycle time, so they started to write down the time costs of each one on a giant whiteboard. Before long, the whiteboard was filled with 300 instances where change orders cut into time and costs.
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Sales of existing homes fell another 1.2% in October to a seasonally adjusted annual rate of 4.97 million units, 20.7% below the October 2006 rate, according to the National Association of Realtors (NAR). Inventory of unsold homes stood at 4.45 million, a 10.8-month supply at the end of October, up...
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A slide show of images from the home building industry's one-of-kind event taking place this week in Las Vegas, Nevada.
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A panel of experts on sales at the Big Builder '07 Conference in Las Vegas on Nov. 27 had a simple, if radical, recommendation for builders besieged by the housing market downturn: Fire the laggards on their sales staffs.
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The story of how people camped out for the chance to buy within one of Meritage Home's communities in 2004 will transform into the story of how big builders survived in 2006 and 2007, said company CEO and Big Builder '07 chairman Steve Hilton at the conference's general power session entitled...
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Larry Webb asked a simple, yet relevant question at the Big Builder ?07 Conference in Las Vegas Nov. 27: How many people think 2008 will be a better year than 2007? The room was silent. Then one solitary hand went up. That was it.
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A synopsis of breaking news from the home building industry's one-of-kind event that took place Nov. 27-29, 2007 in Las Vegas, Nevada.
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Report from U.S. Conference of Mayors predicts a slowdown across the U.S. due to the housing slump and credit crunch, but it stops short of predicting a recession.