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2007’s Largest Private Builder Announced

April 24, 2008  |  from Construction Jobs Blog

Builder Magazine released a sneak peak of the results from its well-known Builder 100 survey this week.  According to the results, David Weekley Homes rode its Texas markets to close the most homes of any private for-profit builder in 2007.

In 2006, Weekley came within 300 closings of then leader Shea Homes.  The jump last year landed Weekley at number 16 on 2007’s Builder 100 list (coming in early May), a gain of two spots.  Weekley closed 4,587 homes last year.

Shea, however, has not handed over all the reins to Weekley.  In 2007, Shea was still the largest private builder in terms of cash, with $2.15 billion in revenue.  Weekley rang in at number 2, with $1.34 billion.

D.R. Horton ranked first overall on the Builder 100 list for the sixth year running, closing 37,717 homes last year.  Lennar and Centex followed at second and third respectively; these three are the only builders to post more than 30,000 closings in 2007.

Here are the Top Ten Builders in 2007 from Builder magazine:

Company Pct. change (v.    ‘06 closings) ‘07 Closings ‘07 Revenue
Horton  -29%  37,717  10,171
Lennar  -33  33,283  10,187
Centex  -18  30,684  9,732
Pulte  -34  27,540  9,263
KB Home  -28  23,743  6,417
Hovnanian Enterprises  -26  14,928  5,334
NVR  -11  13,513  5,129
Beazer Homes  -35  11,366  
The Ryland Group  -33  10,319  3,033
MDC Holdings  -38  8,195  2,933

From Builderonline.com

Filed: Construction-News