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Build unique houses. A custom home is a site-specific home built from a unique set of plans for the wishes of a specific client. Generally works collaboratively with an architect. Some custom builders may offer design/build services. Build single-family homes. Are generally small-volume builders. Tend to build high-end homes.
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of ...
About a third of the more than 140,000 NAHB members are home builders or remodelers. [2] The rest of the membership works in closely related specialties such as sales and marketing, housing finance, and building materials manufacturing and supply. Each year, NAHB members build approximately 80% of new homes constructed in the United States.
2025 existing home sale counts year-over-year: 17.3%. 2025 existing home median sale price year-over-year: 7.7%. Editor’s note: Data was sourced from Realtor.com and is accurate as of Dec. 10, 2024.
Refinancing a mortgage is when you take out a new home loan to replace your current one. If you bought your home when interest rates were higher than now, refinancing could be a way to save on ...
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