Smaller Dallas Homebuilders Could Be Left Behind As Goliaths Gorge On Land

Activity in the North Texas homebuilding market is heating up, creating a system of winners and losers that could alter the ownership profile of residential developments for years to come. Private developers, sidelined by an all-but-frozen lending environment, are quickly losing market share as land for master-planned communities is gobbled up by publicly traded megabuilders. It’s a classic case of David versus Goliath, but the likelihood of an underdog triumph is quickly diminishing as well-heeled builders seize the opportunity to pad their portfolios with thousands of acres.