What are the best home builders in California? If you are wondering about this topic, it is extremely worth reading Insider Monkey’s article. At first if we speak about the housing market we need to know that it is an important and significant attribute of a healthy economy. This means if the economy is in a good state, people can and get appropriate jobs and can afford to buy a property. There are three basic things that can represent the needs of any human: food, clothing and housing. As we have to eat, wear something and live somewhere. Therefore home-building companies appease a very important need of ours, and what’s more those lots of investments done in this industry make economy better.
Although there was a little slowdown in the number of housing starts in March, the US housing market is in a good state. As it is said by the Commerce Department, we can see a little decline in March in connection with the number of new housing starts, but the building permits increased which is very good progress. As we were informed from Insider Monkey’s article, the mortgage rates began to rise, while the unemployment rate is under 5%. As the wages increase it affects the housing market as well, because people can afford to buy houses.
Regarding to California, the housing market increases as the jobs rate also grows while the unemployment is near multi-year lows. It is very interesting to follow Insider Monkey’s list about the best home builders in California.
They have investigated the ten best home builders, such as Beazer Homes USA Inc, (NYSE:BZH), Taylor Morrison Home Corp (NYSE:TMHC) and Toll Brothers inc (NYSE:TOL). Beazer Homes USA, Inc consists of the ‘West’ segment of California, which also includes Texas, Nevada, and Arizona. This company closed quite a considerable amount of houses (actually 2,508). Taylor Morrison Home Corp builds houses in Sacramento, Sothern California, and the Bay Area. These regions together with Phoenix, Denver, and Chicago give the West segment of this company. We name only one company from the top ten list of Insider Monkey, which is Toll Brothers Inc, it can boost a remarkable selling data as it sold 1,006 houses in 2016. This company managed to increase the number of sold houses by 50% last year.
We highly recommend reading the best home builders in California for further information