National home builder merge to create larger DFW market

DALLAS-FORT WORTH – The just announced merger of two big national home builders will mean more consolidation for the North Texas housing market.

Standard Pacific and The Ryland Group — both based in California — are merging in a deal to create a company worth more than $5 billion.

“Combined, they will be the seventh most active builder in DFW” said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies Inc.

Both companies are major builders in North Texas.

tag: Dallas-Fort Worth-Arlington Market Research, Dallas-Fort Worth-Arlington NewsTalk housing