HHHunt Homes Makes High Jump on Builder Magazine's "2011 Builder 100" List

Mid-Atlantic region homebuilder surpasses competition for "most improved." End Quote

(1888PressRelease) July 03, 2012 - Richmond, VA - HHHunt Corp., the parent company of renowned mid-Atlantic region homebuilder HHHunt Homes, made a significant jump on Builder Magazine's recently released "2011 Builder 100," showing the most improvement among all other homebuilders. Now ranked 71 in the nation, HHHunt Corp. has marked tremendous industry achievement throughout the year, as well as climbed a phenomenal 71 spots from its rank of 142 in 2010.

To accurately assign ranks for its annual "Builder 100" list, Builder Magazine assessed total calendar year closings for the country's biggest and most notable homebuilders. HHHunt Corp. closed 369 homes in 2011 - a 45 percent increase from its total of 254 closings in 2010.

"I am extremely proud, grateful and humbled by HHHunt Homes' team contribution to this most exciting achievement," said Olin Wilson, vice president of homebuilding for HHHunt Homes. "It is the result of years of focused and dedicated effort, creativity and outright determination from all our employees. We are extremely appreciative of the support we get from our corporate headquarters. This achievement also reflects the financial commitment from the company to support aggressive growth right through the bottom of a challenging housing market. It takes a lot of players to make a team, and HHHunt Homes is part of a great team."

According to Wilson, HHHunt's national ranking is inclusive of 88 residences from Handcrafted Homes. Assessed independently, HHHunt Homes grew from 142 closings in 2010 to 281 closings in 2011, indicating a 98 percent growth increase - the fastest-growing builder on the magazine's "Builder 100" list.

Founded in 1992 and headquartered in Blacksburg, Virginia, HHHunt Homes is a renowned homebuilding firm in the mid-Atlantic region. With an impressive portfolio of single- and multi-family product lines, HHHunt Homes enjoys a strong presence in a variety of major metropolitan areas within Virginia, North Carolina and South Carolina. HHHunt Homes is a division of the legendary HHHunt Corporation, and builds within several of its exceptional neighborhoods, master-planned and age-qualified communities. For more information, visit www.HHHuntHomes.com.

Steeped in history and tradition, the HHHunt Corporation is a renowned leader in real estate development throughout Virginia, North Carolina, South Carolina, Maryland and Tennessee. Founded by Harry H. Hunt, III, the privately-owned company lends more than 40 years of industry expertise to each impressive project.

HHHunt maintains its competitive industry advantage by remaining at the forefront of an ever-changing market; taking a diversified approach to real estate; and by promoting a corporate culture of honesty, loyalty and respect in its relationships with employees, business partners and the communities in which it serves.

HHHunt's portfolio of affiliated entities includes HHHunt Homes, HHHunt Property Management, HHHunt Assisted Living, HHHunt Communities and Hand Crafted Homes. For more information, visit www.Hunt.com.

###

space

Other Related Press Releases