Providence Homes included on BUILDER 100 list
Providence Homes is proud to announce that we have been named on the BUILDER 100/Next 100 list, the annual ranking of the largest home building companies. Providence ranked 165th for 2012 (up from 182nd in 2011), recognizing us as one the nationâ€™s leading home builders.
â€ś2012 was a shot in the arm for the nationâ€™s largest builders,â€ť said Jean Dimeo, editor-in-chief of BUILDER. â€śClearly, 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.â€ť
The BUILDER 100 is compiled from data collected by BUILDER magazine via direct survey of the nationâ€™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.
BUILDER magazine has conducted the survey and compiled the BUILDER 100 list since 1984. The BUILDER 100 and the Next 100 lists of builders are featured in the May 2013 issue of BUILDER magazine and on builderonline.com.
For more information about the 2012 BUILDER 100 and Next 100 rankings, visit www.builderonline.com/builder100/2012.aspx.