At the 2003 Fall Construction Forecast Conference held by the National Association of Home Builders (NAHB) at its headquarters in Washington, the final subject of the day was "Consolidation of Home Building Industry - Where is it Going?" On this topic, Gopal Ahluwalia, staff vice president - Research, Economics Group, NAHB, provided a presentation on builder consolidation trends.
Ahluwalia noted that a white paper produced by Anderson Corporate Finance LLC, published in June 2002, concluded that, by 2011, the top 20 builders in the United States could be generating "more than 75 percent of the home sales." Thus, the NAHB decided to do a study of builder consolidation.