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
-
Click here for more data details about the 2020 Housing Giants—ranked by revenue, number of closings, housing types, and location of homes built
-
Click the attachment below to access a PDF of the Housing Giants rankings list from Pro Builder's May/June 2020 issue:
Advertisement
| Rank | Previous Rank | Company | 2019 Housing Revenue $ | 2019 Closings/Units |
|---|---|---|---|---|
| 51 | 42 | Epcon Communities | $381,167,311 | 998 |
| 52 | 52 | Van Metre Companies | $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 Companies | $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 | NR | Caviness and Cates Communities | ||
| 85 | 83 | Landon Homes | $213,395,000 | 1,018 |
| 87 | 86 | Ball Homes | $203,841,266 | 652 |
| 88 | 112 | The Jones Co. of Tennessee / 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 | $182,420,000 | 410 |
| 93 | 82 | John Houston Homes | $179,000,000 | 488 |
| 94 | 44 | SummerHill Homes | $173,061,000 | 223 |
| 95 | 101 | Shaddock Homes | $169,635,771 | 275 |
| 96 | 108 | Bill Clark Homes | $169,048,174 | 485 |
| 97 | 100 | The Challenger Group | $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 |
Related Stories
Housing Giants
The 2024 Housing Giants Survey Is Now Open!
Complete the 2024 Housing Giants Survey to see if your company makes the cut in Pro Builder's rankings of the largest home building companies in the country
Housing Giants
Builder Rankings by Revenue: 2023 Housing Giants List
Pro Builder's annual Housing Giants rankings list provides a snapshot in time of builders’ perceived opportunities and challenges. These are the top 240 home builders in the nation, ranked by revenue
Housing Giants
Holding Back the Headwinds
Stormy market conditions strained the nation’s largest home builders in 2022, and they’re bracing for more uncertainty
