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2020 Housing Giants List

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Housing Giants

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
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This article first appeared in the May/June 2020 issue of Pro Builder.

 

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.

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Rank Previous Rank Company 2019 Housing Revenue $ 2019 Closings/Units
101 139 Keystone Custom Homes $162,033,921 381
102 NR Epoch Residential $160,885,000 899
103 106 Stylecraft Builders $160,493,860 763
104 102 Eastbrook Homes $160,100,000 428
105 107 William Ryan Homes $158,000,000 395
106 NR Holt Homes $157,753,057 322
107 161 The Community Builders $155,477,528 351
108 113 Viera Builders $154,302,395 351
110 135 Stone Martin Builders $146,901,426 465
111 76 EYA $143,563,646 131
112 114 Anglia Homes $143,000,000 592
113 129 Knight Homes $142,158,063 573
114 115 Galaxy Builders $139,502,172 1,308
115 128 Tim Lewis Communities $137,310,000 205
116 120 Scott Felder Homes $134,000,000 303
117 111 Craftmark Homes $133,597,904 177
118 NR Riverside Homebuilders $133,419,317 462
119 117 Robert Thomas Homes $132,683,468 220
120 137 Wormald $131,540,000 261
121 104 Wathen Castanos Homes $127,136,500 228
122 130 Charter Homes & Neighborhoods $126,807,000 444
123 116 Sitterle Homes $126,442,370 246
124 NR Fieldstone Homes $123,653,000 289
125 142 Homes by Taber $121,808,473 430
126 124 Kerley Family Homes $120,800,000 363
127 152 Keystone Group dba Keystone Homes $120,020,288 635
128 145 Legacy Homes $120,000,000 295
129 NR American Southern Homes $119,974,000 387
130 147 Lokal Homes $118,671,821 260
131 151 Truland Homes $118,623,878 334
132 119 Eagle Construction of Va. $118,228,126 236
133 144 Main Street Homes $118,197,100 274
134 91 The Olson Company $116,400,000 215
135 125 Regent Homes $112,599,456 376
136 153 Home Creations $112,000,000 559
137 132 Dorn Homes $111,000,000 275
138 189 StyleCraft Homes $109,415,370 312
139 NR Landmark 24 Homes $108,121,065 620
140 149 Payne Family Homes $107,760,157 302
141 170 Turnberry Homes $107,160,000 114
142 148 Antares Homes $105,000,000 368
142 140 Tilson Homes $105,000,000 367
144 176 Hakes Brothers $104,795,000 421
145 143 Gentry Homes $101,093,216 184
146 121 Regency Homebuilders $101,000,000 308
147 131 Ryder Homes $99,546,202 149
148 136 Hills Properties $97,041,000 334
149 164 Homes by Dickerson $96,200,000 180
150 141 Saussy Burbank $94,399,400 197
151 155 Capstone Homes $92,638,826 242

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