March 7, 2025 | Informational
The American housing industry is growing faster than ever. Consumer Affairs reports that builders spent more than $2 trillion putting up new homes in early 2024, which is 10% more money than they spent the year before. More new houses started construction as well, with construction workers breaking ground on 126,750 houses in February 2024.
So, which U.S. homebuilders are dominating this trend? Take a closer look at the current largest homebuilders and how these companies affect homebuyers.
South Carolina is a major state in the construction of new homes. According to Consumer Affairs, there are 9.76 houses approved for construction every 1,000 residents. In the U.S., a small group of large companies builds most of these homes, including:
D.R. Horton
D.R. Horton is at the top of American homebuilding. The company was founded in 1978 and has held the number-one spot for 20 straight years. In 2023 alone, it built over 80,000 homes. The company’s focus on affordable homes makes it important for first-time buyers. The fact that it operates in 33 states tends to give it more reach than smaller builders can match.
Lennar Corporation
Lennar Corporation takes second place. The company delivered 73,087 homes in 2023. It builds homes across all price ranges, from basic starter homes to luxury properties.
The company is unique in that it purchases large plots years before building, which helps control costs. Lennar also leads the industry in trying new building methods, including 3D-printed home components.
PulteGroup
PulteGroup focuses on first-time buyers and empty nesters — a strategy that helps it design homes that match exactly what these groups want. Its communities usually include features like pedestrian walking trails and community centers. The company also offers more choices in home customization than most large builders.
NVR
NVR takes a different approach from other big builders. It doesn’t buy and hold large plots of land. Instead, the company secures the right to purchase lots only when needed.
This strategy helped it survive the 2008 housing crisis better than most competitors. Additionally, its focus on pre-sold homes on top of minimal land ownership tends to make it more financially stable than many competitors.
Taylor Morrison
Taylor Morrison builds homes with attention to detail that attracts repeat buyers. It focuses on mid-range and luxury homes in carefully chosen locations, and its communities often feature resort-style amenities.
The company’s customer service and build quality have earned it many industry awards. In fact, it was named one of 2024’s most trusted companies in the U.S. by Forbes.
KB Home
KB Home’s winning strategy is that it lets buyers customize almost every aspect of their homes. The company operates in only eight states, but its impact is huge in these markets. KB Home’s approach centers on energy efficiency and personalization. Every KB community has a design studio where buyers can choose everything from flooring to light fixtures.
How Large Homebuilders Affect Homebuyers
There are a few things homebuyers should know before approaching these large homebuilders.
As far as benefits, large homebuilders offer:
- More predictable pricing and building schedules
- Better warranties backed by stable companies
- New communities with modern planning
- Energy-efficient designs and materials
For most younger home buyers, these advantages outweigh most drawbacks.
Buyers should also consider potential limitations, such as:
- Less room for custom changes
- Fewer choices in city locations
- Similar house designs throughout neighborhoods
- Limited lot sizes and yard options, which affect children’s play areas
However, big builders are starting to use software that lets buyers make more choices in their homes.
Creating Your Space With American Homebuilders
If you’re thinking about building a home in the U.S., one or all of these names are likely to pop up in a search. As you conduct your search, it helps to consider both your preferences and budget and keep in mind that what one company doesn’t offer you could be what the next one does best.
Contact a South Carolina Personal Injury Lawyer at Jeffcoat Injury and Car Accident Lawyers Today
For more information, contact the personal injury law firm of Jeffcoat Injury and Car Accident Lawyers to schedule a free initial consultation. We have five convenient locations in South Carolina: Columbia, Lexington, Orangeburg, and Blythewood.
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