In vogue: Two more home builders are merging

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By Ben Lane | Housingwire

Last week, Taylor Morrison announced that it is acquiring fellow homebuilder AV Homes in a deal valued at nearly $1 billion.

And last year was all about Lennar, which acquired WCI Communities for $963 million and bought CalAtlantic Group in a $9.3 billion deal that created the nation’s largest homebuilder.

Next up is Century Communities, which announced Friday that it is acquired the remaining 50% of Wade Jurney Homes in a deal that creates the nation’s 10th largest homebuilder.

Wade Jurney Homes is the country’s 35th largest builder and specializes in providing affordable homes in Florida, Georgia, Alabama, North Carolina, and South Carolina. Specifically, the company focuses on entry-level buyers with sales prices averaging $150,000.

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