The numbers are in! Our annual survey of Twin Cities builders shows that Lennar was once again the region’s top ranked builder in 2014. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing.
“Here at Lennar, we take a lot of pride in the homes we build and we are very grateful that more and more homebuyers recognize that,” said Bill Burgess, Minnesota Division President.
Lennar reported gross revenue at $247 million for 458 single family and 99 multi-family homes (557 total) closed in the 2014 calendar year. Lennar outpaced the second ranked builder, Ryland Homes of Minnesota, by 61 percent, staking their position as top residential builder in the region.
“We truly believe that it’s important to always be improving, we do so by listening to what our homebuyers want and learning what’s new and what the trends are, and in the end some things are universal – the quality of the homes you build and the reputation you earn,” said Burgess.
Following Lennar, the top ten were Ryland Homes, with over $129 million in revenue and 344 housing units closed, followed by D.R. Horton with revenue of almost $124 million and 275 units, Pulte Homes with $120 million revenue and 243 housing units, Mattamy Homes at $90 million and 256 units, Hanson Builders with $60 million and 85 units, Gonyea Homes with $53 million and 61 units, Robert Thomas Homes with 51 million and 106 units, Hans Hagen Homes with $42.8 million and 122 units and K. Hovnanian Homes with 42.4 million and 131 units.