Double-digit revenue growth for these home builders during the recovery started with pre-planning, re-examination, and retrenching during the recession.
Sure, low interest rates were the main engine that pulled the home building industry up 10.9 percent to 649,000 completed houses in 2012 compared with the previous year. Market momentum might have been enough for some builders to generate some kind of revenue gain after enduring a long economic season of cutbacks and inactivity. But the companies who reported revenue growth of 40 percent or more have a common strand in their stories. They started setting the table for their rebound as far back, in some cases, as the 2006 housing crash.
Granite Ridge Builders - Fort Wayne, Ind.
Caruso Homes - Crofton, Md.
Warmington Group - Costa Mesa, Calif.
Marlyn Development - Virginia Beach, Va.
Jimmy Jacobs Custom Homes - Georgetown, Texas
American Legend Homes - Lewisville, Texas
Fortune-Johnson Inc. - Norcross, Ga.
Summit Custom Homes - Kansas City, Mo.
DSLD Homes - Denham Springs, La.
Century Communities - Greenwood Village, Colo.
CBH Homes - Meridian, Idaho
Granite Ridge Builders
Jimmy Jacobs Custom Homes
American Legend Homes
Summit Custom Homes