Housing And Community Development Legislation 1973 Hearings Ninety Third Cong
Housing And Community Development Legislation 1973 Hearings Ninety Third Cong
United States Congress House Committee On Banki
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Uneven financial performance. However, despite their similarities, these large firms show distinct differences in terms of geographic span of operations, the incidence of public ownership, organizational structure and other operating characteristics. The follow- ing sections discuss these key similarities and differences. It is important to emphasize, however, that these large home- builders are the exception rather than the rule in this industry: small homebuilders producing less than 20 units... a year remain the dominant force representing over two-thirds of the market. AN INCREASING SHARE OF THE MARKET: According to an annual survey prepared by Professional Builder, the number of homebuilders with greater than $10 million in annual sales grew from 119 in 1968 to 369 in 1972.^ Observing the emer- gence of large homebuilding firms from another point of view, the 1973 Bluebook of Major Homebuilders reports that the 511 builders with annual volume of more than 200 units have captured an increasing share of the market over the last few years.
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