Industry Analysis & Industry Trends
Over the five years to 2016, the Home Builders industry is expected to grow at a rapid rate not seen since the housing bubble of the last decade. Such robust growth comes in the wake of increasing per capita disposable income, accommodative interest rates, falling commodity prices and improving overall macroeconomic conditions. In the coming years, the industry is expected to continue its expansion over the next five years, albeit at a slower pace, as the housing market normalizes... purchase to read more
Industry Report - Starting a New Business Chapter
No specific barriers to entry exist in the industry other than the need to obtain state-based licenses and registration. But because competition is largely based on reputation and proven performance, many new competitors find it difficult to quickly establish a foothold in the market. As a result, many new entrants will first exist as subcontractors and find work through existing companies that require additional employees for jobs.
Existing operators experience several advantages over new entrants, including access to a pool of skilled subcontractors, ongoing arrangements with material suppliers, ongoing arrangements with financial institutions and property developers, completed examples for displaying their workmanship in a local market and potential word-of-mouth referrals... purchase to read more