Next 100 builders did not fare as well in the soft housing market as their larger brethren in the BUILDER 100. The average Next 100 builder closed 448 homes in 2006, a decrease of 9.5% from 495 homes in 2005. The Next 100, which closed a combined 44,824 homes, had a 3.9% share of the total housing market in 2006. With 97 companies reporting their revenue, the average Next 100 company grossed $168.6 million, $23.4 million less than in 2005, but $18.6 million more than 2004.
Next 100 Snapshots
UP, UP, AND AWAY: In 2005 the top 10 high risers on the Next 100 gained an average of 32.3 positions. This year the top 10 fasters movers only rose an average of 25 spots, a sign of the Next 100 builders' exposure to a weak home building market.
