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03/12/2019 (2)
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03/12/2019 (2)
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Last modified
12/31/2019 12:03:42 PM
Creation date
4/17/2019 2:30:48 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
03/12/2019
Meeting Body
Board of County Commissioners
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The Average Profit Margin Of Single -Family <br />Builders <br />Though not fulls r^covered to pre-recattinn num,=rs, tt,e. gross profit macros and net <br />L•tofit rnatgi:w of true average single•farnity bu;'der have shown steady improvement <br />March 22, 2016 <br />MAI la recently condo: ted a Survey of singtc•far y builder:, asking them to pee,,. e <br />their income statements andbalance sheets in an eifa•t to g, -;n a turthv overall <br />u^detstnndin7 of me profit margin et sang''=.e ras.tiy builders and how $e <br />industry t n t overt. <br />Builders rAsnnrd:ny to tete surcry repotted an average of Si6.2 mililon in rrrvento for <br />f•scal year 20:4, record r•^y to the Eye On Housing brag Of that $16,2 million, S3,1 2 <br />mIlhnn was spent c:r thing: such as land costs anti d±r?r1 and indirect construct:on <br />leaving an t6.9 percent, 631 miram Toy, prafit a:eryin, Additionally, operating <br />expense., sur, as fi,•. ,t,:e, inti=keting, and ovmer s cc--ncermeion, ate arothet 62 r 2!-nnt <br />leaving 61 nil on 164 i;r••cer:t} as the avenge ret pteft <br />This t•wrgsn,is at a level rot seer: sir; e' 2026, when the grc5•. <br />ptoiit margin fur single farrdy {udders war 2:` Byerc,:mt• lincc talhng in 2006 the gross <br />prate mat gin leas bn TI•e net profit rraram of r 4 percent tot 2014 was <br />76 <br />
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