Toll Brothers, which calls itself a "luxury-home builder, " designs and builds single-family and attachedhomes in the Northeast, Southwest, South, Midwest and West, around some of the country's wealthiest and most populous cities.
Its core business remains homebuilding, which deals with the construction and sale of homes that include single-family attached and detached homes and multi-level residential buildings.
Lennar Corp. (NYSE: LEN ) is the third largest builder of single familyattached and detached homes across most of the U.S.. It also engages in real estate development and trading and has an attractive pipeline of land due to opportunistic buying in a distressed housing market.