“Builders have remolded their businesses, and the ones left are a bit larger and stronger.” David Crowe, Chief Economist, NAHB

According to research conducted by NAHB, the percentage of Builder members listing their primary business as single-family building has dropped to 59 percent in 2010 from 66 percent in 2008. Gaining during that period was Remodeling, up to 27 percent in 2010 from 20 percent in 2008, “confirming that builders sought other revenue avenues close to their expertise” during the downturn, Crowe said.

Source: Builder, June 2011.