Private Homebuilders Taking Bigger Bite Out of Market
OtherPrivate homebuilders are looking to go public, which could “alter the ranks of the nation’s top builders,” The Wall Street Journal reports. Private luxury homebuilder Taylor Morrison, based in Scottsdale, Ariz., plans to soon sell stock in an initial public offering, which could be the first of many private builders to go public. The homebuilder plans to sell 250 million shares to the public for its IPO. This also would make it the sixth largest publicly traded homebuilder in the U.S., pushing it ahead of KB Home and just behind […]