Home Construction Companies
In 2008 the real estate market saw a huge downturn. It was the “pop” in the real estate bubble that everyone worried would happen, and it led to catastrophe, with many losing their homes and savings. It was also a hard time for real estate investors, developers, builders, agents, and brokers. Home prices plummeted and it was really difficult for homes to get sold.
Luckily, the economy has started to head back up. Home construction is increasing as lending is again becoming accessible to the average individual. Home communities are popping up left and right, and consumers (perhaps shortsightedly) are again embracing the idea that investing in real estate is a safe bet. Individual homes, apartment complexes, luxury condos, townhomes, and more are going up by the thousands in the United States.
The fruits of all of this construction is going to a select group of companies and individuals, They’re again beginning to see the massive amounts of revenue they were accustomed to in the late 90s, capitalizing on the renewed surged.
This list of the best home builders is based off of the number of homes built in 2012, which are the most recent stats available to the public so far. These home builders focus on quantity, but their first and foremost focus is on the quality of the homes they are producing for homeowners. After all, are people going to want to buy a shoddy house?
3, 766 Homes Built In 2012
Habitat for Humanity is probably the most noble home building company on the list. More than just a homebuilding company, Habitat for Humanity is an organization focused on helping individuals who are in tough situations.
A non-profit organization that was started in 1976. Habitat for Humanity helps individuals who would otherwise not be able to get a loan get into a home of their own. These individuals are required to help with at least 500 hours of their home’s construction, and then they start a rental agreement in their home. This rental agreement soon turns into a manageable mortgage. It’s a great business model for those who want to get into a home, but otherwise would not have the means.
4, 238 Homes Built In 2012
Mertiage Homes Corporation was founded in 1985 and is headquartered in Scottsdale, Arizona. This company builds homes across the nation, and focuses on retirement communities for homebuyers in Arizona.
Mertiage Homes has been recognized by Fortune Magazine as “One of the Fastest Growing Companies in America.” The company has built over 75, 000 homes since its start in 1985, and operates on a mission statement that keeps the customer’s needs at the forefront of business practices. “Our focus, since day one, has been to build incredible new homes and communities in prime locations for fantastic prices.”
4, 428 Homes Built In 2012
Beazer Homes primarily focuses on building single family homes for mid level income level families. They build homes in 20 states, and also offer mortgages for these homes as well.
While Beazer Homes is doing very well presently, it had long-standing legal issues dragged through the media, which led to a hefty financial hit. It had to pay out , 000, 000 in 2009 to homeowners who were pushed into mortgages that they couldn’t afford. Other mortgage fraud was associated with these litigations. Luckily, Beazer Homes has prevailed through these hard times, and is back on top, building many thousands of homes across the nation.
4, 809 Homes Built In 2012
Since its start in 1967, The Ryland Group has built over 300, 000 homes across the nation. The Ryland Group also owns The Ryland Mortgage Co., which allows homeowners to finance their homes through the same corporation.
The Ryland Group employs approximately 1, 400 workers, and had revenues of 1.3 Billion dollars in 2012. It’s traded publicly on the NYSE, under the symbol RYL. Buying shared of this company can be a good way to invest in real estate without having to go out and get into an investment property or a real estate investment trust.
5, 356 Homes Built In 2012
Hovnanian Enterprises was started in 1959 and employs approximately 1, 500 workers. This company builds houses for anywhere from $40, 000 to $3, 000, 000 dollars, however, the median range of prices for these homes is about $300, 000. It builds homes in 20 states.
The story of this company’s rise to the top is pretty inspirational. Four individuals came together and only initially invested $1, 000 each. With an an initial investment of only , 000, today this company is valued at over .5 Billion. Even though Hovnanian Enterprises had some financial shortcomings during the 2008 and following years, as nearly every home builder did, the upturn of the market has really kept Hovnanian Enterprises as one of the largest homebuilders in America.
6, 282 Homes Built In 2012
Since it’s founding, KB Home has built 550, 000 homes. That’s a lot of homes! KB Home focuses on making quality, yet affordable, homes for first time home buyers. It started in 1957 right after WW2, and went public during the economic hussle and bussle of the 80s, in 1986.
KB homes has helped out some big companies with promotional home builds, including building a replica of the Simpson’s house in 1997. They have also helped companies like Walt Disney and The Martha Stewart Company with custom home builds.
9, 843 Homes Built In 2012
NVR Inc is one of the biggest names in the home building industry due to the massive number of employees that are staffed by this company. Over 5, 000 workers are given meaningful and satisfying jobs due to this homebuilding company. This company builds homes in 25 markets and 15 different states.
NVR Inc is made up of 5 different home building companies under the same corporation. These homes are Ryan Homes, NVHomes, Rymarc Homes, Fox Ridge Homes, and Heartland Homes. NVR also offers home mortgage loans to finance the purchase of these homes. NVR is a one stop shot for home buyers as well, seeing as they have a title service and closing company as well incorporated into their organization.
13, 802 Homes Built In 2012
Lennar Home Builders have been around for quite some time. Since its founding in 1954, the company has focused on retirement homes for the elderly. These are the single level homes that are usually built in 55+ communities and give the elderly option to amenities such as hiking, golf, and other enlightening activities. These homes are available in 18 different states.
Lennar offers a customer care team that will regularly assist the elderly in becoming acclimated to their new homes. The Lennar Corp claims to be dedicated to the utmost customer satisfaction with homeowners.
16, 505 Homes In 2012
Pulte Group Inc is a large home building company based out of the Atlanta, Georgia area. This company offers single family homes, condos, and townhomes. Its motto is, “Homeowners for Life.”
The company’s goal is to offer homes for first time homeowners, then move them to larger homes, and even provide single level retirement homes for their customers. This company operates in 51 markets and 26 states. It had a rough time financially in 2007, 2008, and 2009, but have recovered very well in the recent economic upturn.