The 20 largest real estate companies in the U.S.

In this article, we take a look at the 20 largest real estate companies in the United States.

For more information on real estate companies, check out the article "The 5 Largest Real Estate Companies in the U.S.".

Two kids, a car and a white picket fence is the outcome of the American Dream. When you consider this, you realize that the automotive and real estate industries are at the center of American culture. Most people dream of owning their own home one day and often have to take out a mortgage for several decades to afford their own place to live. And aside from residential homes, the real estate sector also includes other buildings and facilities. These include public spaces such as parks,''apartments, office buildings and giant skyscrapers. Naturally, this also means that the real estate industry is one of the most closely watched sectors by both the government and the wealthy. Rich people are insanely passionate about real estate as they invest huge amounts of money in it.

After all, a villa in Beverly Hills has a very different look than a house in the countryside. According to McKinsey, two-thirds of global net worth was invested in real estate as of 2020. Within those two-thirds, residential and private real estate account for nearly half or 46% of global net wealth, with government and public buildings accounting for another 23%.

In the market, commercial real estate is the largest component of the sector, accounting for 35% of the total market. Apart from residential real estate, commercial real estate is another major component of the industry and it will match the overall growth rate of the sector, growing at a CAGR of 5.1% over the forecast period. In addition, Grand View Research also notes that sales of various property types such as villas and second homes will exceed the overall market growth, increasing at a CAGR of 6.1%. It''Also adds that Middle East and Africa will also exceed the market growth, but Asia Pacific is the largest segment with more than half of the market share.

The real estate sector in America is facing some challenges these days. This is due to aggressive interest rate hikes by the Federal Reserve aimed at increasing lending costs for firms and individuals to curb GDP growth and fight inflation. The U.S. real estate sector is worth $20 trillion (that's total real estate value, not income), and prices are down 15% in March 2023 from their peak. Rising interest rates play a role in this, as buying commercial real estate rarely''is done for cash, and depends on bank loans and financing. While a 15% drop on its own seems high, experts fear that prices could fall by 30% in the event of an economic downturn or recession.