Ashton Woods Homes Jumps Up the BUILDER 100 List, Shows 49% Increase in Closings
Advances from 25th to 20th Top Ranked Builder
Atlanta, GA (PRWEB) May 21, 2013
Ashton Woods Homes today announced that the company has continued its rise up the BUILDER 100 list, reaching #20, the highest-ever ranking for the company.
BUILDER, the leading media brand in residential construction, recently unveiled the BUILDER 100, its annual ranking of the 100 largest home building companies. The ranking revealed that, in achieving the #20 rank on the BUILDER 100 list, Ashton Woods Homes jumped 5 spots from the previous year, making it the fastest-growing builder in the Top 25.
With 1,210 closings in 2011 and 1,802 closings in 2012, Ashton Woods Homes registered a 49% increase in closings. The growth also places Ashton Woods Homes as the 5th largest private builder on the list.
“This achievement signals our strength in the market place, homebuyers' preference for our brand, and the commitment we have to delivering outstanding homes in each of our markets,” said Ken Balogh, President and CEO of Ashton Woods Homes. “Our product, communities and people are clearly among the best in the industry, and we are very excited to build on this momentum in the coming years.”
As a whole, the BUILDER 100 continued to outperform the overall market last year. Closings for the BUILDER 100 companies totaled 167,658 in 2012, up from 141,618 in 2011, the lowest total on record. Overall, BUILDER 100 companies closed 44.2 percent of all new homes for sale, a slight increase from 2011.
“2012 was a shot in the arm for the nation's largest builders,” said Jean Dimeo, editor-in-chief of BUILDER. “Clearly, builders benefited from improved economic conditions, low mortgage interest rates, and lower land costs. These factors not only allowed companies to organically grow sales, but also expand into new markets that had pent-up demand for new homes.”
The BUILDER 100 is compiled from data collected by BUILDER magazine via direct survey of the nation's top builders. The BUILDER 100 and the Next 100 lists are made up of private and public builders and identify the top home builders in the U.S. by annual closings and gross revenue, as well as information about where and what they build.
The BUILDER 100 and the Next 100 lists of builders are featured in the May 2013 issue of BUILDER magazine and on builderonline.com.
ABOUT ASHTON WOODS HOMES:
Ashton Woods Homes is one of the nation's largest private homebuilding companies, with operations in Atlanta, Austin, Charleston, Dallas, Houston, Killeen, Orlando, Phoenix, San Antonio, Sarasota, Raleigh and Tampa. Recently named the #1 Most Trusted Homebuilder in America in the Lifestory Research Most Trusted Builders in America Study SM, Ashton Woods is known throughout the industry for building homes with award-winning designs that inspire, and offering homebuyers a high level of personalization options.
Ashton Woods is also the only builder to nationally utilize the Environments for Living Platinum Program, a program that certifies the energy efficient status of our homes. For more information, or to experience the excitement of becoming another satisfied Ashton Woods homeowner, visit ashtonwoodshomes.com and search all of our new homes for sale.
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