2020 Housing Giants List

Each annual Housing Giants list is a snapshot in time of builders’ perceived opportunities and challenges. This year is no exception, but the challenges that have emerged are unprecedented

By Pro Builder staff | June 3, 2020
multicolored houses varying in size from large to small

 

Chronicling the Housing Industry

For more than 50 years now, Pro Builder has been publishing its Housing Giants list and, in doing so, has chronicled housing’s ups and downs. For an industry generally looked upon as staid and conservative, the last half century—especially the last two decades—has been a wild ride. After scaling previously unthinkable peaks in 2005 and then plummeting to its depths in 2012, home building fought its way back to what looked to be a sustainable, profitable undertaking.

Then, in 2019, housing data started showing the fruits of the industry’s labors. In December, annual housing starts reached a remarkable 1.626 million units (seasonally adjusted), the largest number of starts in 13 years.

In January 2020, starts increased 21.4% year over year. Total permits, single- and multifamily, rose by 9.2% to 1.551 million—the highest since March 2007. At the beginning of March 2020, when February’s numbers came out, housing continued to look strong, the good news continuing with the eighth consecutive month of increasing home sales, to 6.7% year over year nationally.

But by that time the COVID-19 virus had taken hold, and on March 13 the U.S. declared a national emergency. While most states deemed home building to be an essential business, the effects of stay-at-home orders, the number of businesses closing, and the job losses that ensued kept many Americans from shopping for a new home. Once again, home building stats experienced a precipitous drop.

Each Housing Giants list is a snapshot in time and this one is no exception. This year’s survey was conducted in early 2020 and its results, especially builders’ perceived opportunities and challenges, reflect the perspective of that time.

2020 HOUSING GIANTS QUICK DATA DIVE

  • Consolidation remains a key growth driver among the Housing Giants' top 20, which increased their market share from 20% to 24% and closed 72,000 more units than the previous year—a 23% leap-—while those below them on the list remained basically flat year over year.
  • 2019 was the best year yet since the Great Recession for Pro Builder’s Giants, with a 6.3% bump in home building revenue and more than 63,000 additional units closed or completed compared with 2018.

 

RELATED

 

 

Rank Sort descending Previous Rank Company 2019 Housing Revenue $ 2019 Closings/Units
51 42 Epcon Communities $381,167,311 998
52 52 Van Metre Cos. $372,562,358 1,145
53 59 Smith Douglas Homes $367,000,000 1,477
54 54 AR Homes by Arthur Rutenberg $362,000,000 327
55 58 Robson Communities $348,239,414 748
56 36 HHHunt $341,356,954 1,150
57 57 American Legend Homes $338,270,110 734
58 49 Beechwood Homes $338,066,546 474
59 74 Fulton Homes $336,415,000 886
60 60 Schell Brothers $332,993,552 528
61 75 Westin Homes $324,000,000 788
62 72 Harkins Builders $322,000,000 1,682
63 67 CastleRock Communities $306,119,130 1,018
64 65 Lombardo Homes $305,539,595 711
65 71 ICI Homes $302,416,947 604
66 105 Park Square Homes $299,300,000 932
67 80 Essex Homes $287,150,666 867
68 90 Great Southern Homes $280,737,253 1,265
69 79 Signature Homes $277,492,636 560
70 179 Empire Communities $276,647,950 640
71 68 Elite Properties of America $275,302,724 568
72 84 H&H Homes $272,599,002 1,128
73 103 Elliott Homes $271,899,000 597
74 73 Homes by WestBay $268,492,893 618
75 81 HistoryMaker Homes $260,267,000 905
76 61 American West Development $255,981,564 591
77 66 Stock Development $251,312,688 228
78 77 Grand Homes $250,300,000 470
79 40 Trumark Cos. $247,004,788 270
80 69 McBride & Son Cos. $244,487,441 783
81 93 Miller & Smith $228,000,000 390
82 95 Allen Edwin Homes $227,239,000 887
83 78 John Mourier Construction $225,000,000 399
84 109 NexMetro Communities $217,000,000 1,324
85 83 Caviness and Cates Communities $213,395,000 1,018
86 94 Landon Homes $207,644,000 352
87 86 Ball Homes $203,841,266 652
88 112 The Jones Co. of TN / Consort Homes $203,638,571 417
89 87 Williams Homes $193,000,000 285
90 126 Evergreene Homes $187,219,776 234
91 98 Ole South Properties $182,985,851 710
92 99 Newmark Homes Houston $182,420,000 410
93 82 John Houston Custom Homes $179,000,000 488
94 44 SummerHill Housing Group $173,061,000 223
95 101 Shaddock Homes $169,635,771 275
96 108 Bill Clark Homes $169,048,174 485
97 100 Challenger Homes $167,000,000 477
98 NR Impression Homes $166,756,274 582
99 NR Crescent Homes $163,380,000 424
100 133 Caruso Homes $163,125,000 240
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