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
201 212 Harmony Homes $58,000,000 222
202 221 Legacy Homes of Alabama $57,554,454 260
203 206 Bob Ward Cos. $57,242,000 151
204 205 Baessler Homes $56,500,000 170
205 218 Sun River St. George Development $56,273,744 126
206 194 McCaffrey Homes $56,128,495 124
207 222 Woodland Homes of Huntsville $54,970,221 126
208 NR Edwards Homes $54,863,000 272
209 NR McKelvey Homes $52,000,000 83
210 232 Tresidio Homes $50,304,255 120
211 215 Braselton Homes $50,100,000 216
212 187 Don Julian Builders $49,556,791 81
213 210 G.J. Gardner Homes $49,274,932 155
214 196 Traton Homes $48,386,018 117
215 220 W.B. Homes $47,670,858 105
216 237 Realstar Homes $47,669,000 175
217 233 Hamlet Homes $47,508,778 109
218 NR Capitol City Homes $47,501,756 141
219 238 Lowder New Homes $47,278,848 185
220 217 Buffington Homes $47,111,627 152
221 188 Edward Rose Building Enterprise $46,900,000 938
222 208 Jeff Benton Homes $46,832,328 111
223 227 Ivey Homes $46,095,000 234
224 NR Robuck Homes $45,095,000 93
225 NR Covington Homes $45,000,000 100
226 230 Pyatt Builders $44,324,678 165
227 NR Esperanza Homes $43,938,062 196
228 234 Clearview Homes $42,875,000 107
229 235 Key Land Homes $41,000,000 91
230 225 Manuel Builders $40,652,318 180
231 228 Riverwood Homes $39,000,000 179
232 193 Simpson Housing $36,896,150 199
233 241 Hunter Quinn Homes $36,165,132 150
234 236 Premier Homes $36,118,048 159
235 223 Infinity Homes & Co. $35,000,000 120
236 216 Kendall Homes $34,500,000 136
237 229 Weaver Homes $32,180,842 87
238 239 Twilight Homes $30,581,000 104
239 244 The Builders Group $30,517,000 113
240 NR Forino $30,450,462 206
241 NR French Brothers Homes $29,000,000 98
242 NR Lambie Custom Homes $27,421,937 75
243 231 Mayberry Homes $26,232,543 88
244 243 Sable Homes $21,816,915 90
245 NR Goodwyn Building Co. $21,205,305 120
246 245 Conaway Homes $20,322,159 114
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