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Home Builders Research, Inc. (HBR) was established in 1987 by its former President and founder, Dennis L. Smith.  The company is acknowledged as the premier housing research firm for the Las Vegas housing market.

Dennis has over 40 years of experience selling, marketing, and managing new housing/builder related activities.  He is a five-term director of the Southern Nevada Home Builders Association.  In 2018, after 31 years, control of the company was passed to his son and current president Andrew Smith.  Andrew was raised in the business and began working for the company in 2008.

HBR is regularly quoted in the regional press and the Smiths are widely sought as speakers on housing related topics in Southern Nevada, regularly addressing industry trade groups, special interest groups, management groups, directors, investors, securities analysts, and others seeking insight into the Las Vegas and regional housing economics.  HBR hosts the annual Las Vegas Housing Outlook seminar that attracts builders, lenders, contractors, realtors, governmental agencies, and other housing industry professionals from all parts of the United States.

On regular occasions by request HBR has made selected information in our databases available to the nation’s leading market research firms and, in many instances, has provided supplemental analytical input to these firms for their studies.

Dennis L. Smith (Founder), Andrew Smith (President)

Founder Dennis L. Smith (l), President Andrew Smith (r)

What makes us different?

HBR is unique because of our proprietary database of Southern Nevada housing data.  Our comprehensive list of recorded new home sales activity is widely recognized as the most authoritative source of new housing absorption data in Clark County.  Data points we track include:

  • New Home Closings
  • Resale Home Closings
  • New Home Building Permits
  • New Home Buyer Traffic
  • New Home Sales Initiations and Cancellations
  • New Home Base Asking Price by Floorplan
  • Clark County Land Closings

What we do

At the core, HBR collects, analyzes, and distributes Southern Nevada housing data in various forms.  However, perhaps the most highly regarded service are the "Site Analysis/Feasibility" studies, personally written by Mr. Smith.  These studies have become invaluable to clients looking for hands on, experiential analysis coupled with clear, accurate data. 

Who are our clients?

All of the leading Las Vegas area home builders and lending institutions are regular subscribers to one or more of the firm’s publications. In addition, these highly regarded reports are utilized by housing, development, investment, and lending interests throughout the United States and various global markets where interest in the Las Vegas housing industry exists. 

Client and personal references are available upon request.

Feel free to contact us