Home Front

A blog about the economy and the Sacramento-area real estate market.

February 9, 2009
Centex dominates sales second year in a row
Building industry consultant Hanley Wood has compiled its final list of 2008 sales among home builders in the capital region - and the winner is Dallas-based Centex Homes.
It's the second year in a row for the Texas builder in this market.

Centex captured a 10.4 percent market share with 503 sales last year in El Dorado, Placer, Sacramento, Sutter, Yolo and Yuba counties, reported Costa Mesa-based Hanley Wood.
Centex also led area builders in 2007 with 669 sales, a 9.3 percent market share.

It was a hard year for all that showed in the final combined 2008 sales tally: 4,847 homes sold in the six-county region

 That compared to 7,174 in 2007 and 9,778 in 2006, Hanley Wood reported.

Others in the top 10 in the Sacramento region for 2008 sales:
2) Atlanta-based Beazer Homes, with 390 homes and an 8 percent market share.
3) Fort Worth-based D.R. Horton Inc., with 293 sales and 6 percent market share. (It last ranked first in the region in 2006).
4) Los Angeles-based KB Home, with 283 sales and 5.8 percent market share.
5) Arizona-based Taylor Morrison Inc. with 277 sales and 5.7 percent market share.
6) Miami-based Lennar Corp., with 276 sales and 5.7 percent share.
7) Roseville-based JMC Homes, with 212 sales 4.4 percent market share.
8) New Jersey-based K. Hovnanian Homes,with 208 and 4.3 percent share.
9) Reno-based Pacific West Cos., with 190 sales and 3.9 percent share.
10) Michigan-based Del Webb Corp., a Pulte Homes division with 168 sales and 3.5 percent market share.

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