Builder Magazine Releases Top 100 Builders
Builder Magazine’s May 2008 issue features the Top 100 Builders nationally for 2007. Many of Atlanta’s hometown builders make this list, as well as some of the nationals that are based in this fine southern city.
8 - Beazer Homes USA
34 - McCar Homes (up from 39)
37 - Aston Woods Homes
43 - Bowen Family Homes (up from 48) (Continued…)
Scenic Homes Retains Presence Among Top 100 National Builders
Despite the state of the housing industry, Scenic Homes retained its presence among the “Top 100 National Builders” of 2007. The list, just released by Builder Magazine, ranks Scenic Homes number fifty-six in the nation.
Scenic Homes Scenic Homes is proud to be a private, family-owned and operated homebuilder, focused on building quality homes at affordable prices.In a year where both public and private homebuilders have experienced numerous challenges, Scenic Homes’ accomplishment is no small feat.
“There’s no doubt the past year has been the most challenging for Scenic Homes and just about every other builder out there,” said Nathan Been, CFO for Scenic Homes North (Continued…)
HBA To Host Second Economic Press Briefing of 2008
The Greater Atlanta Home Builders Association (www.atlantahomebuilders.com) will be hosting its second quarterly briefing of 2008 for members of the media on Monday, May 19th at 10 a.m. at their offices at 1484 Brockett Rd. in Tucker.
The briefing will feature comments from Roger Tutterow, professor of economics at Mercer University, Eugene James, director of Metrostudy for the Atlanta market and (Continued…)
Q1 2008 Remodeling Activity is Steady
Remodeling activity remained steady during the first quarter of 2008, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The current market conditions indicator increased to 41.8 from 40.9 in the fourth quarter, while the future expectations measure showed no change from the previous quarter at 37.9.
The RMI measures remodeler perceptions of market demand for current and future residential remodeling projects. Any number over 50 indicates that the majority of remodelers view the market conditions as improving. The RMI has been running below 50 since the final quarter of 2005.
“The remodeling market continues to show weakness, following the downturn in the overall housing market,” said NAHB Chief Economist David Seiders. “We expect there to (Continued…)
Investor Seeks Atlanta New Home Properties
Andy Heller is the co-author of two best selling real estate books, one of which has been recommended by Fortune Magazine. Heller, a member of GaREIA, has been purchasing single family homes in Atlanta, Ga. for investment purposes for more than 18 years.
Heller provides an interesting alternative for builders. He states,”We have interest in purchasing bundles of single family homes in the greater Atlanta area. We have the interest, as well as the means to purchase in lots that would be of interest to a seller having difficulty moving inventory. Our purchases can be fast and all cash, and we can buy one at a time or multiple properties.”
Heller explains, ” When we market our homes we do not discount, and use a lease/option (Continued…)
