Home construction in the context of "D. R. Horton"

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⭐ Core Definition: Home construction

Home construction, housing construction, or residential construction is the process of constructing a house, apartment building, or similar residential building generally referred to as a 'home' when giving consideration to the people who might now or someday reside there. Beginning with simple pre-historic shelters, home construction techniques have evolved to produce the vast multitude of living accommodations available today. Different levels of wealth and power have warranted various sizes, luxuries, and even defenses in a "home". Environmental considerations and cultural influences have created an immensely diverse collection of architectural styles, creating a wide array of possible structures for homes.

The cost of housing and access to it is often controlled by the modern realty trade, which frequently has a certain level of market force speculation. The level of economic activity in the home-construction section is reported as housing starts, though this is contrarily denominated in terms of distinct habitation units, rather than distinct construction efforts. 'Housing' is also the chosen term in the related concepts of housing tenure, affordable housing, and housing unit (aka dwelling). Four of the primary trades involved in home construction are carpenters, masons, electricians and plumbers, but there are many others as well.

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👉 Home construction in the context of D. R. Horton

D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company ranked number 120 on the 2024 Fortune 500 list of the largest United States corporations by revenue. The company operates in 125 markets across 36 states.

D.R. Horton operates four brands: D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes. Express Homes is tailored to entry-level buyers while the Emerald Homes brand is sold as luxury real estate. Freedom Homes caters to the active adult community.

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Home construction in the context of Real estate development

Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding.

Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structures, and rent out, manage, and ultimately sell it.

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Home construction in the context of Woking

Woking (/ˈwkɪŋ/ WOH-king) is a town and borough in north-west Surrey, England, around 23 mi (36 km) from central London. It appears in Domesday Book as Wochinges, and its name probably derives from that of a Saxon landowner. The earliest evidence of human activity is from the Palaeolithic, but the low fertility of the sandy local soils meant that the area was the least populated part of the county in 1086. Between the mid-17th and mid-19th centuries, new transport links were constructed, including the Wey Navigation, Basingstoke Canal and London to Southampton railway line. The modern town was established in the mid-1860s, as the London Necropolis Company began to sell surplus land surrounding the railway station for development.

Modern local government in Woking began with the creation of the Woking Local Board in 1893, which became Woking Urban District Council (UDC) in 1894. The urban district was significantly enlarged in 1907 when it took in the parish of Horsell, and again in 1933 when it took in the parishes of Byfleet and Pyrford. The UDC was granted a coat of arms in 1930 and Woking gained borough status in the 1974 reorganisation of local government. In 2022, a total of 30 elected representatives serves on the council, each with a term length of four years.

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