Constellation HomeBuilder Systems and Kijiji Strategic Partnership - Provides National Opportunity for New Home Builders to Advertise To Canadian Home Buyers

Constellation HomeBuilder Systems and Kijiji Strategic Partnership

Provides National Opportunity for New Home Builders to Advertise To Canadian Home Buyers

TORONTO–November 9th, 2022 – Constellation HomeBuilder Systems, North America’s largest provider of home building software solutions, is excited to announce a strategic partnership with one of the Canada’s largest real estate websites, Kijiji. This alliance gives new home builders another way to advertise their new homes to hundreds of communities coast to coast across Canada, directly to millions of unique monthly visitors on Kijiji.ca.

Kijiji listing management software

Today’s business-minded home builders want to sell homes as quickly and easily as possible, and this partnership makes it super easy. Powered by Constellation’s new home marketing software platform, NHLS Distribution Engine, it has never been easier for new home builders to create an unlimited number of new home listings to advertise with great convenience and no extra charge to your NHLS account. This comprehensive value offering is exactly what the Canadian new home building industry has been waiting for, a national site for all new homes.

The NHLS platform is built to seamlessly integrate with popular construction ERP systems including NEWSTAR, BuildTopiaFAST, and other systems as requested but can also be used as a standalone solution to accurately distribute listings,  with the click of a single button.

“We’re thrilled to be able to share this important strategic partnership with homebuilders,” said Jeremy Halbert, Vice President – Customer Experience and Initiatives Group of Constellation HomeBuilder Systems.

“It has been challenging times for new homebuilders,” Halbert added, “Builders will need to get more innovative to promote their homes as broadly as possible. Builders should advertise listings to as many potential home buyers as they can, prioritizing sites that consumers visit frequently. We are committed to empowering builders with digital tools to simplify this process and help builders sell as many homes as possible.”

“It is extremely time consuming for builders to accurately list their new homes online and managing different channels is difficult. We help builders not only push new listings directly to their own website, but we can also automate the process to push that same information to as many 3rd party online Real Estate listing channels as possible such as Kijiji, realtor.com and our very own NewHomeListingService.com. All of this ensures that builders are getting as much exposure as possible. “Halbert continued, “This entire solution is a great example of Constellation’s long-term dedication to homebuilding innovation to deal with the complex process of selling homes.”

Lionel Romain, Kijiji’s Commercial Operations Manager, says “We’re excited to welcome home builders to Kijiji.ca through Constellation and the NHLS platform! Members can easily post high-quality, fully branded listings on Kijiji through an industry tailored syndication service. Members will gain access to millions of monthly visitors with just a few clicks.”

“Kijiji Real Estate helps owners, builders, and agents advertise their properties on Canada’s first marketplace,” Romain continued, “In addition to syndicated listings from NHLS, fully targeted media campaigns are available to amplify the builder’s exposure on Kijiji.”

Building on the joint enthusiasm, Milo Anderson, Director & Founder of NHLS Distribution Engine at Constellation HomeBuilder Systems says, “We are beyond excited to introduce the new strategic partnership between the NHLS Distribution Engine and Kijiji. The NHLS Distribution Engine (NHLS.info) is directly integrated with Kijiji — literally clicking one button sends new communities and homes directly on their site. Thanks to this new collaboration we have effectively changed the landscape of how builders connect with homebuyers on a national level. We look forward to supporting buyers on this journey.”


Continuing our commitment to increasing awareness, simplifying processes, and leveraging our relationships for new home builders, Constellation HomeBuilder Systems looks forward to opportunities, growth, and the increased exposure for new home listings with Kijiji.

For more information on the collaboration, click here.

About Kijiji

Kijiji, which means “village” in Swahili, is the number one classifieds website in Canada, connecting over 16.8 million buyers and sellers each month. Kijiji offers Canadians an easy way to buy and sell and find homes, jobs, and services on a local level.  At any given time, there are more than 6 million listings on the network and two new ads are posted on Kijiji every second of every day. Kijiji makes it easy for Canadians to find exactly what they’re looking for in their own community. Visit business.kijiji.ca to connect with a Kijiji digital media expert.

Constellation HomeBuilder Systems

About Constellation HomeBuilder Systems

Constellation HomeBuilder Systems is the largest provider of software and services in the building industry. Their innovative software solutions, available as standalone or integrated systems, empower builders with information to drive business objectives and simplify the process of building homes and condos. Constellation HomeBuilder Systems is the home building software division of Constellation Software Inc., an international provider of market-leading software and services for specialized industries, which is traded publicly on the Toronto Stock Exchange.

Milo Anderson

For more information, please contact:

Milo Anderson
Director & Founder
NHLS Distribution Engine at Constellation HomeBuilder Systems
403-616-6074
milo.anderson@constellationhb.com


Constellation HomeBuilder Systems to Introduce Game-Changing Industry Data Platform at Build Smarter Conference

Constellation HomeBuilder Systems to Introduce Game-Changing Industry Data Platform at Build Smarter Conference

Constellation HomeBuilder Systems, North America’s largest provider of homebuilding software and services, is set to reveal a new data platform that will allow builders to improve their operational insights while freeing up scarce data resources to add more value to their businesses.

With the Homebuilder Common Data Model, Constellation will be able to create a standardized set of industry metrics. By accessing the platform, homebuilders can then access highly valuable reporting, analytics, and dashboards, as well as benchmarks to compare their performance regionally. Many widely-used builder metrics, including backlogs, active selling communities, average sales price, net sales, and more, will be made available.

The platform is built to leverage Constellation’s popular construction ERP systems including NEWSTAR, BuildTopia, and FAST and to provide value across the industry.

“We’re thrilled to be able to share this important innovation with homebuilders,” said Paolo Benzan, Vice President, Data Strategy at Constellation HomeBuilder Systems.

“In this critical moment in the industry,” Benzan added, “Builders need access to timely, accurate, information and trends as they face higher costs across the board. With how expensive and hard to find data resources are, we’re proud to introduce this great way to capture insights while reducing your data footprint.”

A can’t-miss presentation of the Homebuilder Common Data Model is set for Constellation’s Build Smarter Conference. The event will be held in-person from Chicago, Illinois from November 7-9, 2022, with virtual streaming for Constellation customers available as well. The presentation will include a detailed walk-through of this new platform and the key data it will offer homebuilder finance, operations, sales, construction, and other teams. Attendees will see examples of benchmark data and learn the various options for accessing the information.

Chris Graham, President of Constellation HomeBuilder Systems, shared his excitement about this announcement. “With true industry expertise behind each of our solutions, we’re proud to be a top, cutting-edge partner to the homebuilding industry. We are committed to empowering builders with the information they need to simplify building processes and maximize return on investment.”

“With the Homebuilder Common Data Model,” Graham continued, “We are powering the industry to build smarter than ever at a time when its impact is needed most.”

 

About Constellation HomeBuilder Systems

Constellation HomeBuilder Systems is the largest provider of software and services in the building industry. Their innovative software solutions, available as standalone or integrated systems, empower builders with information to drive business objectives and simplify the process of building homes and condos. Constellation HomeBuilder Systems is the home building software division of Constellation Software Inc., an international provider of market-leading software and services for specialized industries, which is traded publicly on the Toronto Stock Exchange.

For more information, please contact:

Elmira Abushayeva
Vice President of Marketing, Constellation HomeBuilder Systems
+1 (289) 859-4866
eabushayeva@constellationhb.com


Investing Into The Dip, Now Is A Good Time For Homebuilders To Prepare For What's Coming Next

WATCH: Join Steve Nellis, President/CEO of the American Council for Construction Education (ACCE) , Will Holder, Professor of Practice – Construction Science Management at Texas State, and technology and industry expert, Sean Wilhelm, Vice President at Constellation Homebuilder Systems as they discus this topic in depth.

The past few years in the homebuilding industry have been filled with many challenges triggered by the global pandemic.  Looking back at the start of these unprecedented times, many were fearful not only for their lives and the health of loved ones, but also that we were on the verge of an economic slowdown that could negatively affect the world for years.  Fast forward just a few months, by the summer of 2020, we learned of builders getting creative using technologies ranging from electronic signatures, online design studio software, 3 dimensional visualizers, and electronic fund transfer that helped to process a record number of home sales transactions.  The demand for new and existing home sales skyrocketed home prices in most major markets across North America.  What a remarkable shift that no one could have predicted.

New challenges

Knocking things down a peg, unforeseen supply chain issues triggered by lumber-mill and glue manufacturer shutdowns and the demand skyrocketing for materials for new construction, remodels, and DIY projects (which also saw record highs), homebuilders had a new challenge on their hands; how to build all of the homes that were sold and how to do it cost effectively.

We now brace for a return to normalcy with new challenges ahead.  With rising interest rates and inflation on everyone’s mind, a correction or slowdown in the market is unfortunately inevitable.  Record low interest rates and record high home sales for another 10 years simply isn’t sustainable.  All the data that we have seen so far for 2022 points to a return to home sales rates that are on par with pre-pandemic levels which was on a slow and steady increase from 2011 to 2019.  Not a bad place to return to in the grand scheme of things.

New opportunities

As we continue this journey, the silver lining is that we all have an opportunity to prepare return to where we were before our worlds were turned upside down.  Many companies have just been too busy over the past few years to move forward with their strategic projects that could ultimately improve operations and create efficiencies in their day-to-day tasks.  A slight slowdown in the market should provide organizations a chance to take full advantage of their existing technology solutions or invest in new and innovative ways to improve their businesses, realize cost savings, and improve profit margins.

If your organization hasn’t been thinking of ways to take advantage of these opportunities, the sky is the limit.  As the leading software solutions provider for homebuilders, we are here to partner with you.  Reach out to learn about the many new features in your existing solutions that you might have missed over the past few years … our development teams haven’t stopped innovating!  Talk to us about the new products, modules, and integrations that we have developed that can take your business to the next level.  Invest in custom reports or dashboards to eliminate the manual work your employees are doing each week and to learn more from your data.  Take this time to invest in training your staff to use all the modules and features you are already paying for.  Even small investments and projects are great ways to get the most out of your existing technology investment and will ultimately provide you with smoother running operations.


About Constellation HomeBuilder Systems

Constellation HomeBuilder Systems is the largest provider of software and services in the building industry. Their innovative software solutions, available as standalone or integrated systems, empower builders with information to drive business objectives and simplify the process of building homes and condos. Constellation HomeBuilder Systems is the home building software division of Constellation Software Inc., an international provider of market-leading software and services for specialized industries, which is traded publicly on the Toronto Stock Exchange.

For more information, please contact:

Sean Wilhelm
Vice President – Business Solutions Group, Constellation HomeBuilder Systems
+1 (410) 843-3881
swilhelm@constellationhb.com


How Digital Technology Helped Home Builders During the Pandemic

 

If you know these proverbs about change: “If it isn’t broke don’t fix it”, “Why change something that’s always worked?”, “Don’t improve what’s efficient.” – the list goes on and on.

Other than the Homebuilding industry can you name an industry that adapted to technology more slowly?

What happens when industries don’t change? They became obsolete.

Still it nearly took a global pandemic for the homebuilding industry to go digital!

 

Digital trends for home builders

Pre pandemic contractors or homebuilders that felt a little hesitant about adopting or fully embracing new technology have had to adapt fast. They now agree they are seeing the benefits.

Saying that construction software and cloud-based platforms have revolutionized the entire construction process
during the pandemic is an understatement.

  • Communication has been streamlined: Cloud-based software houses all communications, proposals, CRM’s, and more in one single location.
  • Cost control and budgets are better managed: Utilizing construction software ensures home builders meet their target budget.
  • Internal team communication has never been easier – whether you’re a trade, vendor, a home builder or in corporate management, you’re able to get valuable insight on all your current projects in real-time.

Even so it almost took a global pandemic for the homebuilding industry to quickly learn how the right software makes the difference.

 

Keeping an eye on your ROI

With so many changes in the last year it’s important to take a step back and assess your results.

Growing companies need to optimize productivity, visibility, and collaboration in order to maximize revenue.

Big Question: How do you know what platforms are providing you with the highest ROI?

Through using online platforms that are built and track internal metrics, you can easily push operational efficiency throughout scheduling, estimating, and purchasing through to sales management and CRM’s and also include websites and digital
marketing.

Evaluating your tasks’ ROI’s helps you determine which practices and platforms work best for your company and which ones can be retired.

Find out how our homebuilding software and solutions can provide you with the highest ROI

 

How Technology Is Impacting The Home Buying Process

If we’re already buying everything online, why should purchasing a home be any different? Since social distancing has become the new norm -- voluntary or not -- technology is more important than ever. Or is it?

From virtual open houses to contactless home inspections and never-ending Zoom meetings, how we approach the home-buying process post-pandemic has changed. GONE are the days of opening and closing every door to ensure they don’t rub or squeak
to knocking on neighbors’ doors for a friendly conversation during the due diligence phase and running our hands over every surface, checking for hidden repairs during our final inspection.

Real estate is quickly becoming a digital asset.

In the coming decade don’t be surprised if you see real estate sales taking place entirely online, iBuying growing in popularity
or properties being sold for cryptocurrencies.

Remember it wasn’t that long ago when real estate agents had to drive to get all the signatures.

 

Let Constellation help you bridge the gap between Homebuilding & Technology

These are just a few examples of the benefits of adopting modern homebuilding software and services, monitoring platform ROI and how technology is impacting the home buying process. By utilizing Constellation
HomeBuilder Systems Software and Services Ecosystem you’ll ensure you’re always an industry leader.

If you want to get started with fully integrated systems and standalone solutions for builders, vendors, developers and buyers, schedule a demo now.


What do the 10 Fastest-Growing Public Builders Have in Common?

The 2018 Builder 100 List: How the 10 fastest-growing public builders found success after “The Great Recession”

Recent findings show we are close to reaching the all-time high in the home building industry in terms of the number of homes sold when comparing the numbers from a decade ago, before “The Great Recession”. In 2007, we had a record high in home closings of 389,902 units in comparison to 2017 with 326,984.

The numbers are a sure sign of a healthy growth year over year, especially after one of the worst market crashes since the great depression. We have explored the past decade in providing hundreds of home builders with mission-critical integrated software solutions.

We found that many of the Top 10 fastest growing public companies listed on the Top Builder 100 list not only leveraged Constellation’s software but also shared a common theme when it comes to business operations during recession recovery.

They Doubled Down on Resources in a Down Market

As company growth stalls, builders invested back into their communities to produce more homes and tried to be mindful of their bidding strategies. As the recession hit the housing market, so did all other resource assets related to infrastructure. Builders tightened up their budgets and running costs to invest in the long term. Although this has not been a complete comeback, 2017 did see higher revenues in the homes sold to due to a rise in the average home price as demand is also rising and home builders were more willing to innovate with their products for higher margins. Last year saw $133 billion in revenue versus $123 billion from 2007.

Managing a Tight Market with Automation & Innovation

With limited internal support, growing builders turned to cost-cutting strategies that streamline processes on the job site, that eliminated manual work in the back office, and provided insightful reports for better decision making – this became a necessity for every real estate investment after the recession. Many growing builders stayed afloat by spending less time administrating tasks and more time on strategy. They also leveraged software at any given opportunity, time became of the essence in investing in real-estate. Builders waited for key pockets of metropolitan neighborhoods close to a bigger builder’s community to ensure buyers would come. Builders constantly assessed and reassessed plots of land, they integrated accounting into all their business functions for increased financial analytics, scheduling became the law of these firms as any building errors were simply too much to pay for.

Simultaneously, as precision home building became more and more automated, design center upgrades became a trend. New homeowners wanted personalization from production home builders. With integrated décor centers, home builders were able to offer up “premium” finishes to home interiors that improved margins without sacrificing too much building time. Some builders have even integrated their contract addendums to their homeowner’s selections for real-time data on profits and capital costs of each home.

Also try, “Top 5 Builder Tips for Efficient Décor Centers to Drive ROI” for improved design center appointments.

Rebuilding Teams with Goals and Effective Processes in Mind

As the housing downturn affected where people worked, home builders carefully restructured their companies with key talent that understood the company’s deliverables and goals. Key members were usually sales driven and understood the necessity of streamlined processes. This new generation of builders figured out that the old way of building needed to change as new technical solutions became available, with data and metrics injected into the workplace culture of building companies. Accountability to achieve financial success was heightened, while streamlined process left more time for home product innovation.

The Verdict

The fastest-growing public home builders today are where they are because they believed in their trade. During the recession, they doubled down where they saw fit and planned for future developments. They invested in automation technology and best practices that became cost-effective ways of completing the same task with less effort. They also innovated but did so in accordance with what they can afford by measuring, tracking, and budgeting. Overall, home builders chose to innovate and offer better homes than before by rebuilding their company culture around goal setting and improved workflows.

The Housing Leadership Summit

At this year’s Housing Leadership Summit, we are proud to be supporting Hanley Wood and “Top 200” builders as a gold event sponsor. We are happy to announce that builders can now anticipate and maximize productivity with the latest advanced home building technology. From artificial intelligence to the design studio, access real-time business predictions so you can focus on improving all aspects of your work processes. We look forward to meeting all top thinking builders at this year’s event.

Source

“The Great Recession: Builders Look Back” by Jennifer Goodman | Builderonline.com

“The 10 Fastest-Growing Public Builders” by Hanley Wood Data Studio, Charlotte O’Malley | Builderonline.com


Home Building in Texas: High demand, labor shortages, and lack of affordable lots

Challenges and opportunities for builders and developers in the state of Texas – where technology stands in North America’s biggest housing market.

The Texas Opportunity

Six of the top 10 most desirable cities for homeowners are in the great state of Texas. These cities have growing home values, a growing population, and shrinking unemployment and crime rates. Houston, for instance, is the 4th largest city in the United States and is a dynamic, growing city, rich in culture and diversity – and the home of our next Smart Strategies for Builders Seminar Series.

Here are some of the unique challenges affecting Texas builders and developers:

Challenges and Opportunities for Texas Builders in 2018

The challenge: Demand for new homes is high while labor is hard to find

Demand is high, which means Texas home builders can expect higher margins as homeowners are willing to outbid their neighbors, but this too comes at a cost since skilled tradespeople are now a hot commodity. Add in the effects of Hurricane Harvey, which has pitched homebuilders against renovators in the competition for skilled labor.

The opportunity: be the builder that trades WANT to work with.

Communicate more effectively with your trade partners with our construction erp software VendorGo app, establishing a culture of trust and accountability. Pay trades immediately upon completion of work. Make it easy for trades to schedule their time – by offering real-time schedules on their mobile AND notifications in their inbox when important changes affect their timeline. Keep job sites clean – the trades have to work there all day!

The challenge: The Texas market is getting crowded

The price tags on homes are increasing, the population and demand are growing, and the cost of building and acquiring land is also increasing. Builders from across the country are taking notice.

For successful land acquisition strategies, try “Top 3 Secrets to Land Acquisition for Home Builders”.

The opportunity: be the builder that customers WANT to buy from

Stand out from other builders by offering clients some customization in their homes without sacrificing your workflows with automated design studios. Out-compete your competition with homeowner care platforms that track, monitor, and increase referrals by creating happy customers who will say great things about you. When demand is high, you can be certain that homeowners are considering all their builder options. Lastly, ensure you have an industry-standard accounting system dedicated to builders. Efficient budgeting and financial decision-making can speed up build times allowing you to scale into different local Texas markets.

The challenge: How to bring it all together

In a booming yet expensive market, customers are interested in purchasing homes but how can you stay ahead by maximizing your company earnings? Bigger builders tend to focus on the bigger picture and strategy involved in choosing the right locations for new communities, how receptive homeowners are to the product, and ways they can add on to the product for a quality home. As quality lots become more expensive for builders, the price tag will increase on homes. This could have a feedback effect and increase the costs of all other resources critical to building.

The opportunity: Focus on resource procurement using accounting software

It will ensure you are on a budget and on track for your established growth. But why stop there? Choose integrated construction ERP software solutions for the whole package that can offer all your other departments and building functions more data that can impact your company's financial responsiveness. For example, during adverse building errors, your warranty department should have an integrated process that alerts your accountants and trades with the same information so all departments are accountable.

LIMITED TIME: Get 40 percent off the Texas Builder Panel
Use the discount code “Houston 40”, we have gathered housing market experts, a panel of big builders, and software specialists with years of experience in the building industry. This is your opportunity to thoroughly understand the Texas market and to learn about opportunities and top business strategies to meet the changing Texas market.

 

Event Details:
Rapid Growth, Hurricane Fallout, and Labor Shortages:
Navigating Your Company for Continued Success
April 19, 2018, | Houston, TX
Hotel ZAZA in Memorial City
Get Your Tickets Now

 

 

Sources

2017 Best Places to Buy a Forever Home | GoodCall.com

What Does TechLash Mean for Needed Change in Home Construction | John McManus BuilderOnline.com


2016 Housing Predictions – MetroStudy

Across the country, analysts and forecasters are suggesting that 2016 will be a year of growth for the housing industry. What does this mean for your business?

Look behind the numbers with this infographic from MetroStudy. What factors are driving the growth? Which metropolitan markets will lead the way? Take a look:

 

Source: BUILDER "A VISUAL GUIDE TO 2016 HOUSING PREDICTIONS"


Electronic Signatures for Real Estate Now Legal in Ontario

For more than 300 years, contracts for the sale or lease of land in Ontario have required ink and paper. Beginning July 1, 2015, electronic signatures can now be accepted on digital real estate agreements, deeds and mortgages in Ontario.

This is big news for a thriving real estate market in the Greater Toronto Area (GTA), where the average price of a detached home just rose over $1.052 million Canadian dollars. However, before you begin emailing contracts, take note from Toronto real estate lawyer Bob Aaron, via thestar.com:

Even though electronic signatures will now be legal in the real estate context, those signatures are only effective if it can be proved that the signatures are reliable for the purpose of identifying the person signing, and the attachment of a signature to the electronic document is also reliable.

Since the law does not define how to determine whether a signature is reliable, it is up to individual real estate agents and lawyers using electronic signatures to satisfy themselves that the legal requirements have been met.

I expect that the use of electronic signature platforms like DocuSign (docusign.com) will become popular among real estate agents and lawyers anxious to jump on the electronic bandwagon.

Constellation has partnered with DocuSign to offer integration between the world’s leading provider in electronic signature management and our new home sales software. Builders using our flagship NEWSTAR Enterprise homebuilder management software along with NEWSTAR Sales save valuable time and organization headaches, and rest assured that their sales contracts are saved securely.

To see NEWSTAR and DocuSign, please request a demonstration. Note that we are also working to integrate DocuSign with our other sales software for homebuilders.


Technology is a Builder’s Best Power Tool

NEWSTAR ERP Software for constructionMyers Barnes for Builder Magazine asks builders a tough questionAre you a tech company that builds houses or a home builder that only sometimes uses technology?

With key examples, Barnes illustrates how the new breed of bottom-up technologies is changing the competitive landscape for builders across the country. Website development, social media, virtual floor plans, mobile apps, GPS, QR codes and Google analytics are just a few of the new “power tools” available to help builders edge out the competition.

When you leverage these power tools to communicate… You can find your buyers more adeptly. You can locate and reach out to them and pull the right buyers out of a crowd. You can measure their response to your messaging, and alter it as needed.

Customizing floor plans for prospective buyers, right in front of their eyes. Social media incentives to fill the sales center. A QR code on your “for sale” sign for immediate property information. Leveraging technology as Barnes suggests can differentiate you from your competition in real-time – but these are all front-end technologies. What about the back office? What about the management software that powers your business?

With a builder management software solution in place, these efficiencies will carry throughout your organization. Integrating your CRM system with production, accounting and warranty provide a 360-degree snapshot of your customer, building the relationship throughout the customer lifecycle. Your team can respond to customers with accurate and personalized information at any point in the process.

Standardize communication with vendors, from trades to suppliers, providing access to tasks, schedules, and accounting information to reduce calls to your warranty department – and correct defects faster for the homeowner.

Provide your customers with a personalized portal for accessing information about their new home, and communicating with your customer care team.

Our digital marketing team, G.1440, can assess your website for free and help fine-tune your approach for appealing to both your customers and Google’s web crawlers.

Request a demonstration of our software solutions for home builders. We would be happy to provide you with a free consultation of your business and isolate efficiencies that are specific to the way you build homes.


The Biggest Challenges for Builders in 2015

Hanley Wood’s Builder 100 survey asked hundreds of builders “What is your biggest challenge to growing and building your business in 2015?”

We’re all familiar with the biggest challenges the market is facing right now–the availability of lots and qualified labor, rising material costs, and stringent mortgage qualification standards that are boxing out potential new home buyers.

But in the Builder 100 survey, we asked builders to identify the biggest impediments to their personal success in 2015, which provided insight into how pervasive some of these hot-button issues are, and how many builders are impeded by these bottlenecks at the same time.

In order to quantify the qualitative answers from each builder and search for any trends, we looked to the words. We compiled all the responses and set a minimum of five occurrences per word, leaving us with 31 words that appeared five times or more in all of the answers.

Top Five Occurring Words: (note that we combined words where no meaning would be lost)

  • land/lot/lots: 93 occurrences
  • labor/workforce: 36 occurrences
  • available/availability: 35 occurrences
  • cost/costs: 24 occurrences
  • finding/supply: 23 occurrences

 

Continue reading the analysis with an interactive map at builderonline.com.

Last month, we discussed how Land Pressure: Combating Zombie Subdivisions is impacting homebuilders and how we can help. Clark Ellis at Big Builder has also discussed the impact of land competition in Homebuilder Moneyball. And labor just scratches the surface of the Pain Points in the Homebuilder Supply Chain found by Big Builder.

Join us at PCBC 2015 and we’ll show you how our solutions can help you reduce these costs before your competitors do.

 


BUILDER 100′s Top 25 Over Five Years

 

An excerpt from BUILDER 100′s Top 25 Over Five Years…

Tri Pointe Group made the most dramatic leap from No. 156 in 2013 to No. 17 this year, reporting a 575.38% change in closings: 459 closings in 2013, and 3,100 in 2014 (the biggest increase y-o-y in BUILDER 100 history). Century Communities was also one of the fastest-growing builders year-over-year with a 278.49% increase in closings, jumping from No. 96 to No. 24 on our list. The only other two newcomers to the top tier for this year’s list were Brookfield Residential Properties (No. 21), and LGI Homes, Inc. (No. 23), jumping 32 and 11 slots, respectively.

Nineteen builders have retained their position in the top tier of the BUILDER 100 for the past five years, although there was some notable shuffling in the ranks—Taylor Morrison jumped from No. 14 to No. 7 this year, and Habitat for Humanity slid five slots from No. 10 to No. 15. Two old-timers got bumped in 2014 after six consecutive years in the top tier—Perry Homes and The Drees Co.

Continue reading BUILDER 100′s Top 25 Over Five Years

Our homebuilding partners join and climb the BUILDER 100 list faster than their peers. Ten of the top 25, and 40% of the top homebuilders on the Builder 200 list trust Constellation as their software partner.  Allow us to show you why.

 

Click for the full article and interactive bump chart.

See also: BUILDER 100′s Fastest-Growing Builders. These 10 building firms had the most year-over-year growth than any in the country.


2015 Housing Leadership Summit: RECAP

The 2016 Housing Leadership Summit takes place May 16-18 in Dana Point, CA. Registration is OPEN. Visit www.housingleadershipsummit.com to learn more and to register.

Big Builder Panel CEOs (L to R): Scott Stowell, Standard Pacific Homes; Eric Lipar, LGI Homes; Doug Bauer, TRI Pointe Group; Frank Anton, Hanley Wood.

The 2015 Housing Leadership Summit came to a close yesterday in a flurry of statistics, roundtables, events, speakers, discussions, panels, and even a shark tank. Turnberry Isle, Miami served as a gorgeous backdrop to three days of engaging sessions with the top builders in the country. Optimism for the industry is appropriately high for the coming year, and that energy could be felt in every session.

That optimism stems from the industry statistics shared by Metrostudy: a 50% increase in starts, and a 30% increase in prices since last year. The ingredients for a successful housing market are present: Americans are employed, getting married, and having babies. Entry-level homes from builders such as LGI Homes and D.R. Horton are filling a real need in today’s marketplace.

The feel-good moment of the week was the presentation of the 2015 Hearthstone BUILDER Humanitarian Award for the 16th consecutive year. The award honors builders who have demonstrated a lifelong commitment to making their communities a better place to work and live. This year’s award was presented to Dan Ryan, CEO and President of Dan Ryan Builders. Among the numerous and various ways Ryan gives back, he recently travelled with friends to the Dominican Republic to build bleachers for the soccer field at an orphanage – working with the children to teach them building skills. When asked about his need to give back, he recalled his father:

“My giving philosophy is an extension of my dad’s philosophy, which is: ‘Give back to those who are in need.’ It’s extremely important for me to give back.”

The Constellation Team is in awe of Dan Ryan and his philosophy. Congratulations to a worthy recipient.

The 2015 Housing Leadership Summit was a huge success, and we were thrilled to once again be the event’s digital sponsor,
providing much-needed wifi and other technology goodies to the attendees.

As a sneak peek, below are some statistics on the much-discussed millennial market segment. The research below, from Metrostudy and The Demand Institute, should shed some light on how to approach this segment in your market.

Thank you to all attendees; we look forward to seeing you next year!

 

2015 Millennial Statistics (now the largest buyer segment!)

  • 37% live in multigenerational households (parents move in with them)
  • Believe housing is an excellent investment – only 16% believe they will not own a home
  • 69% would consider a lease to own approach – financial limitation is the main reason they aren’t buying
  • 71% want a home they can personalize
  • 35% are likely to rent at least a portion of their home
  • Parks, grocery stores, family friends, employment, and schools need to be in close proximity (but a short drive is OK)
  • Quality construction, low maintenance, and storage are important features
  • Motivated by outdoor space, building equity, and living spaces
  • Four basic needs: money, health, time, and technology
  • The American Dream is still alive – owning a home is still a goal and an accomplishment