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Top 10 Builder Market Share Across Metros

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An earlier post described how the top 10 builders in the country captured a record 44.7% of new single-family closings in 2024. BUILDER Magazine has now released additional data on the top ten builders within each of the 50 largest new home markets in the U.S., ranked by single-family permits. It is important to note that this post does not focus on the top ten largest home builders nationally; instead, it analyzes the top ten list within each of the largest 50 new housing markets.

The 2024 data show that the top 10 builder concentration in the 50 largest markets ranged from 38.9% in Kansas City, MO-KS to 97.8% in Cincinnati, OH. In 11 metro areas, the top ten builders’ market share exceeded 90%. Across all 50 metro areas, the average market share of the top 10 builders was 79.3%, up from 78.2% in 2023.  

Looking at the results on a map reveals that southern California, South Carolina, Florida, and parts of the Midwest include multiple highly concentrated markets, while Texas and the Northwest include markets with lower levels of concentration (figure 1).

Lennar and D.R. Horton each made the top ten builder list in 46 markets, the most among all builders. PulteGroup was next with 36 metro markets, followed by NVR and Meritage Homes with 22 and 20 metro markets, respectively.

From 2023 to 2024, 27 metro areas saw an increase in their top 10 builders’ market share, compared with 36 increases from 2022 to 2023. Seven metro areas experienced a double-digit increase in 2024:

Oklahoma City, OK (+20.7 percentage points, 82.8%)

Atlanta-Sandy Springs-Alpharetta, GA (+14.7 percentage points, 76.8%)

Punta Gorda, FL (+11.5 percentage points, 85.9%)

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (+10.7 percentage points, 87.5%)

Greenville-Anderson, SC (+10.6 percentage points, 89.3%)

Salt Lake City, UT (+10.5 percentage points, 69.8%)

Charleston-North Charleston, SC (+10.4 percentage points, 92.3%)

Meanwhile, 20 metro areas saw a decline in their top 10 builders’ market share from 2023 to 2024, up from only 9 decreases from 2022 to 2023. The largest decreases were seen in:

Miami-Fort Lauderdale-Pompano Beach, FL (-18.1 percentage points, 72.4%)

Los Angeles-Long Beach-Anaheim, CA (-14.7 percentage points, 75.6%)

Orlando-Kissimmee-Sanford, FL (-11.6 percentage points, 76.8%)

Tucson, AZ (-10.4 percentage points, 82.4%

Of the remaining three largest markets, Cape Coral-Fort Myers, FL saw no change in its top ten builder concentration (96.2%) from 2023 to 2024, while Fresno, CA and Spartanburg, SC are new to the top 50 market list in 2024.

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In Home Improvement

Pros Share Their Top Plant Picks for a Low-Maintenance Yard

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Urban Oasis Landscape DesignSave Photo
8. Deborah Gliksman, Urban Oasis Landscape Design, Los Angeles

Focus on natives. Some of Deborah Gliksman’s favorite shrubs from California are the tall ‘Dark Star’ ceanothus (Ceanothus ‘Dark Star’, zones 8 to 10) and the smaller ‘Valley Violet’ ceanothus (Ceanothus maritimus ‘Valley Violet’, zones 8 to 10). Gliksman also recommends ‘Aromas’ sage (Salvia ‘Aromas’, zones 8 to 10), bush anemone (Carpenteria californica, Zone 9), ‘De La Mina’ Cedros Island verbena (Verbena lilacina ‘De La Mina’, zones 8 to 10), globe mallow (Sphaeralcea ambigua, zones 6 to 9) and St. Catherine’s lace (Eriogonum giganteum, zones 9 to 11). “They’re all stunning shrubs,” she says.

For perennials, Gliksman often uses yarrow (Achillea millefolium, zones 3 to 9), monkeyflower (Mimulus spp.), penstemons and Douglas iris (Iris douglasiana, zones 6 to 10). For ground covers, she loves ‘Silver Carpet’ aster (Corethrogyne filaginifolia ‘Silver Carpet’, zones 8 to 10), ground currant (Ribes spp.) and seaside daisy (Erigeron glaucus, zones 8 to 10).

What not to plant. Gliksman advises against using invasive plants. Besides possibly taking over your garden and even your neighborhood, she says, they can compete with native species and threaten biodiversity.

Your turn: What are your favorite low-maintenance plants to grow in your garden? Tell us in the Comments.

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In Home Improvement

The Top 10 New Home Offices Right Now

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This Trending Now story features the most-saved home office photos uploaded to Houzz between March 15 and June 15, 2025.

No matter how you like to work from home, this countdown of the most-saved new home offices on Houzz offers inspiration. Whether tucked into a compact alcove or spread throughout a spacious room, these setups reflect a range of design approaches — each tailored to support productivity, creativity and comfort.

10. Olive and Organized

In this Paris home office, Poësis Studio created a serene atmosphere by painting the walls, trim, built-in shelves and ceiling a deep olive green. The color provides a calm backdrop, allowing the crisp white desk and pleated cotton pendant light to stand out.

Paint color: Bancha, Farrow & Ball

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9. Arched Alcove

An elegant arch frames this sophisticated office nook in Toronto. Rosen+Co Design Studio integrated the desk area into sleek built-ins that discreetly hide office equipment and documents. This smart space planning allowed for a comfortable sofa alcove on the opposite side of the room and a prime location for the TV.

Shop for home office furniture

8. Light-Filled Corner

In this Sonoma County, California, home office, Studio CM maximized natural light by wrapping two desks around a corner flanked by tall windows overlooking the front garden. To ensure the space stays bright even on overcast days, the designers incorporated desk lamps and discreet track lighting that align with the home’s classic midcentury modern style.

How to Set Up Your Home Office on Nearly Any Budget

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7. Streamlined and Airy

A 14-foot addition and full remodel of this St. Louis Park, Minnesota, home was designed with aging in place in mind. In the new office, Christopher Strom Architects extended the desk along two walls, seamlessly integrating it with built-in shelves and cabinets. The cohesive design draws the eye to the outdoor view and helps the long, narrow room feel more spacious and intentional.

6. Timeless Library Charm

Dovetail Group curated furnishings that thoughtfully complement the refined character of this Zionsville, Indiana, home office. Rich built-ins, a tufted leather chair, an antique desk, a vintage map and classic light fixtures come together to evoke the timeless elegance of a stately library.

Key Measurements to Help You Design the Perfect Home Office

5. Tidy and Moody

Trim Team NJ masterfully blended traditional and modern styles, along with light and dark elements, in this northern New Jersey office. Integrated lighting and brass accents provide striking contrast against the dark, moody built-ins. The lower cabinets feature classic Shaker-style profiles, while the shelves above maintain a clean-lined, unfussy aesthetic.

Southern Hills ConstructionSave Photo
4. Strumming Over Spreadsheets

Sometimes a home office calls for guitar hooks and cozy seating for strumming, rather than laptops and ergonomic chairs. That was the case in this Nashville, Tennessee-area workspace. Southern Hills Construction enveloped the room in a rich, warm gray paint and installed white oak pocket doors within the arched doorway. No matter the use, soundproofing remains essential in this versatile office.

New to home remodeling? Learn the basics

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2. Light Meets Dark

Designer Carly Zuba of CM Studio achieved a striking balance of light and dark in her own Evanston, Illinois, home office. Light wood floors contrast with black architectural elements in the space. A light-colored desk, chair, rug and chandelier form a bright focal point, while large windows flood the room with natural light.

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5 Pros Share How They Find and Keep Top Talent

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CRC Builders Inc.Save Photo
As for the traits True and his team look for in a new recruit: “Cultural fit will always be top of the list.

“We also look for people that want to learn and grow and who will thrive within a team environment,” he says. “If a team member is a professional communicator and understands that serving each other is how we best serve our clients, they are Hursthouse material.”

Some skills are harder to find than others, True says. “One is a work ethic of truly caring about the desired result. The balance between an extremely high level of creativity, a terrific communicator and a focused determination to excel at the highest level of client service is a rare find.

“On one hand, I feel it’s getting harder to find special people, as there [seem to] be less people entering the industry,” he says. “On the other hand, people are changing companies more often, so [in some ways] it might be a bit easier. If a company doesn’t take good care of its people, they will have a revolving door — and that’s an opportunity for Hursthouse.

“Our average seniority for team members at Hursthouse is now 13 years, with many over 20, 25 and 30 years,” True says. “We try to have our team sing about how great it is to work at Hursthouse.”



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In Research & Trends

Top Ten Builder Share Rises Again in 2024

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The top ten builders captured a record 44.7% of all new U.S. single-family home closings in 2024, up 2.4 percentage points from 2023 (42.3%). This is the highest share ever captured by the top ten builders since NAHB began tracking BUILDER magazine data on new single-family home closings in 1989. The 2024 share constitutes 306,932 closings out of 686,000 new single-family houses sold in 2024. However, closings by the top 10 builders only represent 30.1% of new single-family home completions, a wider measure of home building that covers not-for-sale home construction. Also of note, the top 15 builders accounted for more than half of all closings (51%) for the first time ever in 2024.

The top ten builder share has increased significantly –albeit unevenly– in the last 35 years. In 1989, the top ten builders accounted for only 8.7% of single-family home closings. By 2000, the share had more than doubled to 18.7%, growing to 28.2% by 2006 and 31.5% by 2018. After slight declines in 2019 and 2020, the share exceeded 40% for the first time in 2022 (43.5%) and reached a record high in 2024 (44.7%). (Figure 1).

Meanwhile, the top ten builder share by completions, has also trended upward, with a share of just 5.6% in 1989. It reached double digits for the first time in 1999 (11.3%) and rose to a cycle high of 17.9% in 2006. The share broke the 20% mark for the first time in 2015 (21.0%) and has continued to trend upward since, reaching an all-time high of 30.1% in 2024 (Figure 1).

The top five highest producing builders did not change from 2023 to 2024, with D.R. Horton maintaining its position as America’s largest single-family home builder. D.R. Horton captured 13.6% of the market with 93,311 closings, marking a fourth consecutive year with a market share above 10%, and a 23rd consecutive year atop the list. Results also show that 2024 marked the third year in a row where the top three builders accounted for more than a quarter (29.9%) of overall closings, with Lennar and PulteGroup achieving 11.7% and 4.6%, respectively. With 3.3% and 2.3% of overall closings, NVR and Meritage Homes ranked fourth and fifth on the list, respectively.

Notably, SH Residential Holdings (U.S. subsidiary of Sekisui House, a Japanese homebuilder, who acquired M.D.C. Holdings in 2024) broke into the top ten in 2024, ranking sixth on the list with 2.2% of the market. Clayton Properties Group, ranking 8th in 2023, fell out of the top 10 for the first time since 2019. KB Home (2.1%), Taylor Morrison (1.9%), Century Communities (1.6%), and Toll Brothers (1.6%) round out the top 10 builders for 2024 (Figure 2).

Builder Magazine also released Local Leaders data on the top 10 builders in the top 50 largest new-home markets in the U.S. where ranking is determined by the number of single-family permits, which NAHB will analyze in a later post.

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In Home Improvement

Pros Share Their Top Resilient Paving and Hardscape Picks

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Landscape Pros Share Their Top Plant Picks for a Resilient Garden

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Columbine Fine Landscape Gardening and DesignSave Photo
Jeff True, Hursthouse Landscape Architects and Contractors, Bolingbrook, Illinois

Chicago is known for its brutally cold winters and hot, dry summers. “Just a few hours north and south of here is a very different climate,” says Jeff True.

Turn to native hardwoods. True says that native hardwood trees can handle weather extremes and are often his starting points. These include several maples, such as red maple (Acer rubrum, zones 3 to 9), sugar maple (A. saccharum, zones 3 to 8; shown here), silver maple (A. saccharinum, zones 3 to 9) and Freeman’s maple (A. x. freemanii, zones 5 to 8).

Native white oak (Quercus alba, zones 3 to 9), which is the state tree of Illinois, is also a tried-and-true favorite, as are swamp white oak (Q. bicolor, zones 3 to 8), Chinquapin oak (Q. muehlenbergii, zones 5 to 7) and shagbark hickory (Carya ovata, zones 4 to 8). “I personally love Kentucky coffeetree (Gymnocladus dioicus, zones 3 to 8) and hackberry (Celtis occidentalis, zones 2 to 9),” True says.

He adds that the new elm varieties resistant to Dutch elm disease, such as Triumph elm (Ulmus ‘Morton Glossy’, zones 4 to 7), are fast-growing, allowing them to fill in spaces quickly.

8 Reasons to Plant a Great Tree



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The Top 10 New Powder Rooms So Far in 2025

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This Trending Now story features the most-saved powder room photos uploaded to Houzz between Dec. 15, 2024, and March 15, 2025.

We all know that because they’re small and tucked away, powder rooms offer the chance to play outside the rest of the home’s design comfort zone. Vivid colors? Go ahead. Dramatic prints? Be our guest. But a powder room also can be the picture of serenity, drawing from nature to infuse us with calm as soon as we close the door. You’ll find plenty of ideas for any design approach in this countdown of the most-saved new powder room photos uploaded to Houzz so far this year.



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In Research & Trends

Builders’ Top Challenges for 2025

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The most significant challenge builders faced in 2024 was high interest rates, as reported by 91% of builders in the latest NAHB/Wells Fargo Housing Market Index survey.  A smaller, albeit still significant share of 78% expect interest rates to remain a problem in 2025. The next four most serious issues builders faced in 2024 were rising inflation in the U.S. economy (80%), buyers expecting prices/interest rates to decline (77%), the cost/availability of developed lots (63%), and the cost/availability of labor (61%).  Builders don’t expect much improvement in these challenges in 2025, except for rising inflation, which ‘only’ 52% see as a serious problem in the year ahead.

In addition to those top tier challenges, 55% to 60% of builders also reported facing serious problems in 2024 with gridlock/uncertainty in Washington (60%), building material prices (57%), concern about employment/economic situation (55%), impact/hook-up/inspection and other fees (55%), and negative media reports making buyers cautious (55%). Looking ahead at 2025, significantly fewer builders expect gridlock/uncertainty in Washington (32%) or have concerns about the employment/economic situation (39%).  In contrast, more builders are expecting building material prices to be a problem in 2025 (64%) and about the same expect continuing problems with impact and other fees (58%).

Builders have been asked about their most serious challenges every year since 2011. High interest rates have been a problem for a negligible share of builders (under 10%) during most years, except for 2022 (66%), 2023 (90%), and 2024 (91%).  When first introduced to the survey in 2021, 63% of builders reported challenges with rising inflation in the U.S. economy, but the share grew to at least 80% in 2022, 2023, and 2024. Prior to 2022, relatively few builders reported problems with buyers expecting prices or interest rates to fall, but that share rose to 49% in 2022, 71% in 2023, and 77% in 2024.

The cost/availability of developed lots has been a serious challenge to most builders in nine of the 14 years of the series history. In 2022, 51% of builders faced this problem; by 2024, 63% did—tying a record high set in 2019. Meanwhile, more than half of builders have reported the cost/availability of labor as a serious problem for the past 11 years in a row. While 82% and 85% of builders faced this challenge in 2021 and 2022, respectively, the share has eased to 73% in 2023 and to 61% in 2024.

For additional details, including a complete history for each reported and expected problem listed in the survey, please consult the full survey report.

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In Home Improvement

See the Top Trends in Kitchen Cabinets, Countertops and More

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4. Appliances

With advances in technology and efficiency, new appliances are an important upgrade for many renovating homeowners.

Among large kitchen appliances, renovating homeowners go for dishwashers (71%) and microwaves (70%) most frequently, followed by ranges (64%), refrigerator-freezer combinations (62%) and range hoods (61%). Homeowners also frequently upgrade cooktops (39%) and wall ovens (31%), while smaller shares opt for beverage refrigerators (18%) and wine refrigerators (14%).

For the most part, homeowners prioritize quality and aesthetics over cost. Quality is the top priority, influencing 64% of homeowners, while look and feel is most important for 50%. Though cost is a lower priority for most, 29% of renovating homeowners still cite it as the reason for their appliance purchase. Substantial shares also prioritize size (27%), specialty features (25%) and energy efficiency (22%).

Meanwhile, stainless steel is by far the leading choice for appliances, chosen by 74% of homeowners. White (7%), black stainless steel (5%) and black (3%) trail far behind.



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