tag:blogger.com,1999:blog-1864815735750729117.post5282964286623158125..comments2023-10-31T06:28:56.237-07:00Comments on The Housing Chronicles Blog: Will we be seeing more consolidation of homebuilders?Patrick Duffyhttp://www.blogger.com/profile/01418865588511944900noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1864815735750729117.post-68037459606531572032009-04-27T15:20:00.000-07:002009-04-27T15:20:00.000-07:00IMO, as soon as we see the bottom in housing start...IMO, as soon as we see the bottom in housing starts, we will see a wave of consolidation in the industry. Right now, there is no need for any homebuilder to expand operations, but once there is, it will be much easier and less expensive to buy out a competitor than expand by other methods. Look for those with the most cash to start buying those with the greatest distress, particularly if there is a minimum of geographic overlap in their operations.Larry Robertshttps://www.blogger.com/profile/07551274023310137270noreply@blogger.com