top 25 single-family detached builders 2012 2012 R ank N a m e RE V ENUE pany C o m pany CLO S IN GS

1 D.R. Horton Inc. $4,557,420,000 19,954 2 PulteGroup Inc. $4,552,412,000 16,505 3 Lennar Corp. $3,492,177,000 13,802 4 NVR Inc. $3,121,244,000 9,843 5 Toll Brothers Inc. $1,882,780,000 3,286 6 Hovnanian Enterprises Inc. $1,726,237,000 5,356 7 KB Home $1,548,432,000 6,282 2013 HOUSING GIANTS 8 Taylor Morrison $1,369,452,000 4,014 9 The Ryland Group $1,263,120,000 4,809 Seattle state-by-state 10 Standard Pacific Homes $1,207,129,000 3,329 $349,950 14.9% 6,082 / 8,928 / 15,010 11 Meritage Homes Corp. $1,188,019,000 4,239 12 M.D.C. Holdings Inc. $1,150,998,000 3,740 13 Beazer Homes $996,059,000 4,428 3.065 Weyerhaeuser Real Estate Tacoma Closings 14 $870,351,717 2,314 $243,600 Company 7.4% 11 Giants 2,010 / 472 / 2,482 15 David Weekley Homes $861,000,000 2,476 Maine New Hampshire 16 Shea Homes $762,268,000 1,921 6 7 Closings Closings 17 M/I Homes Inc. $746,000,000 2,765 montana north dakota 1 Giant Portland 1 Giants 18 The Villages of Lake Sumter $721,532,779 2,850 $285,000 16 13 vermont 13.9% 4,469 / 3,393 / 7,862 Closings Closings 5 19 A. G. Spanos Companies $679,000,000 4,475 1 Giant 1 Giant Closings Worcester $249,900 20 Highland Homes Ltd. $626,200,000 1,741 1 Giants 4.9% minnesota 543 / 245 / 788 Massachusetts 21 Ashton Woods Homes $533,267,837 1,802 2,084 Albany 474 Closings $223,000 Peabody, MA Closings 22 The Drees Co. $521,972,000 1,497 980 2.3% $379,900 Closings 12 Giants 751 / 708 / 1,459 7.1% 5 Giants 560 / 511 / 1,071 23 Perry Homes LLC $453,487,000 1,608 7 Giants Syracuse Springfield 24 Bozzuto Homes Inc. $449,899,999 2,603 wisconsin $159,900 New York $209,900 Boston idaho 288 7.1% 625 7.6% $419,900 MHI (McGuyer Minneapolis-St. Paul Rochester 390 / 314 / 704 230 / 54 / 284 6.3% 25 $407,600,000 1,461 south dakota Closings Warren Closings 4,077 / 4,825 / 8,902 Homebuilders, Inc.) 622 $264,900 $194,900 $146,900 Closings 22 12.5% 6 Giants Grand Rapids 16.8% 3.2% 9 Giants Closings 5,577 / 5,821 / 11,398 Milwaukee $134,900 3,426 / 233 / 3,659 865 / 337 / 1,202 Providence 4 Giants $174,900 10.7% Stamford $259,900 1 Giant 6.4% 1,117 / 188 / 1,305 New York City 3.8% Detroit $409,000 top 25 multi-family builders 1,060 / 763 / 1,823 $489,261 - 1,031 / 126 / 1,157 wyoming Michigan $64,950 3.4% 3.2% 523 / 700 12.7% 1,434 / 15,485 / 16,919 Hartford 13 Madison 1,990 4,103 / 418 / 4,521 Buffalo Closings $186,500 Closings $149,900 $249,900 Newark 0.3%

2012 2012 3.5% 2.1% RANK NA M E Rhode Island 15,859 1 Giants 869 / 1,539 / 2,408 Kenosha 10 Giants Cleveland 675 / 213 / 888 $339,000 771 / 411 / 1,182 RE V ENUE CO M PANY CLO S IN GS Closings $258,340 Gary $125,000 -1.3% 23 4.6% $155,950 5.5% 1,419 / 2,261 / 3,680 New Haven Closings 1 PulteGroup Inc. $925,378,000 3,224 36 Giants 654 / 116 / 770 -0.5% Toledo 1,939 / 407 / 2,346 Pennsylvania $249,000 1,058 / 246 / 1,304 iowa $119,700 2,410 Allentown 0.5% 2 Giants 2 A. G. Spanos Companies $679,000,000 4,393 Chicago 3.1% $174,900 371 / 203 / 574 Oakland 300 $214,000 466 / 265 / 731 Closings -0.7% 3 Lennar Corp. $665,435,000 2,554 $625,000 Salt Lake City Closings 2.5% 954 / 269 / 1,223 Edison 22.5% nebraska 3,946 / 3,397 / 7,343 Ohio 21 Giants $314,999 $325,000 Long Island, NY 2,638 / 2,425 / 5,063 14.5% 45 Omaha 5 Giants -4.3% Connecticut 4 Toll Brothers Inc. $572,243,000 1,005 Sacramento Dayton 4,030 Akron Baltimore $539,000 $335,000 2,794 / 1,117 / 3,911 $145,000 $128,200 $285,000 2,772 / 1,871 / 4,643 Closings 9.7% $114,950 0.0% 21.7% 5,043 Closings 3.3% Pittsburgh 2.9% 1,160 / 522 / 1,682 255 5 Bozzuto Homes Inc. $449,899,999 2,001 2,489 / 1,277 / 3,766 Indianapolis 1.4% $149,900 2,860 / 560 / 3,420 Closings 1 Giant 811 / 215 / 1,026 16 Giants 458 / 4 / 462 3,876 / 2,061 / 5,937 Philadelphia Closings $167,900 4.1% $229,000 6 D.R. Horton Inc. $416,988,000 3,002 4.6% 3,139 / 580 / 3,719 4 Giants San Jose 20 Giants -2.3% utah illinois 3,904 / 991 / 4,895 3,053 / 2,139 / 5,192 7 The NRP Group LLC $300,000,000 862 $798,800 20.1% Columbus Washington, D.C. 1,513 / 4,148 / 5,661 1,334 2,586 indiana $151,900 $410,000 8 Lincoln Property Company $295,250,000 1,161 Closings Denver Closings 4.8% west 7.0% Bethesda Camden $340,000 3,178 2,660 / 3,651 / 6,311 9,099 / 8,312 / 17,411 $434,950 $198,450 New Jersey San Francisco Fresno 7 Giants 17 Giants 4.3% 9 Shea Homes $279,557,000 2,057 $995,000 10.9% Closings virginia -3.0% $229,900 4,790 5,612 / 8,156 / 13,768 1,871 / 3,081 / 4,952 1,119 / 1,056 / 2,175 1,999 14.9% 12.3% Cincinnati 10 Clark Builders Group LLC $258,161,365 763 469 / 3,960 / 4,429 Closings 18 Giants 412 Closings 1,59 / 313 / 1,903 Kansas City $149,900 Closings virginia 23 Giants $156,000 Louisville 2.6% 9 Giants Epcon Communties kansas 3.5% $145,000 2,668 / 935 / 3,603 Richmond 11 $235,687,785 1,275 3,306 / 1,709 / 5,015 missouri 8 Giants 7,777 Franchising Inc. 375 3.0% Closings $219,950 Bakersfield Las Vegas Colorado Springs 1,455 2,354 / 1,258 / 3,612 3.3% 12 Wood Partners $228,100,000 946 $179,450 $211,990 $249,900 Closings St. Louis 30 Giants 2,828 / 1,452 / 4,280 16.2% 26.4% 2.3% Closings $155,000 kentucky 1,367 / 537 / 1,904 7 Giants Delaware 13 Standard Pacific Homes $195,194,000 1,629 6,112 / 1,267 / 7,379 2,411 / 601 / 3,012 3.7% 13 Giants 4,237 / 1,640 / 5,877 997 Raleigh Virginia Beach 317 Closings Greensboro $239,990 $239,960 14 Fortune-Johnson Inc. $192,000,000 409 $159,000 0.7% 2.2% Closings 8 Giants 0.6% 6,421 / 6,460 / 12,881 3,544 / 1,958 / 5,502 8 Giants 15 Hovnanian Enterprises Inc. $173,242,000 258 Tulsa Charlotte 1,183 / 704 / 1,887 Riverside/San Bernardino $164,500 $215,000 7.5% 16 Harkins Builders Inc. $168,000,000 856 $275,000 8.2% 15.2% 2,687 / 734 / 3,421 6,286 / 5,544 / 11,830 3,857 / 1,384 / 5,241 tennessee 17 The Ryland Group $164,205,600 563 Ventura Maryland $599,000 Albuquerque Knoxville 12.1% Memphis 2,225 $198,945 Nashville $162,600 Wilmington, NC 4,824 18 Embrey Partners Ltd $156,601,588 465 237 / 288 / 525 $169,900 $214,900 Closings Charleston -1.7% 8.5% 2.6% $230,736 Closings Orange County 8,918 1,881 / 402 / 2,283 Little Rock 5.3% 1,200 / 431 / 1,631 $249,000 19 EYA LLC $139,221,044 179 $159,000 2,214 / 1,287 / 3,501 15 Giants 2.2% 1.4% Los Angeles $699,000 Closings Oklahoma City 5,332 / 2,883 / 8,215 1,844 / 1,020 / 2,864 21 Giants $599,000 15.9% $160,000 -1.7% 3,128 / 1,604 / 4,732 oklahoma 1,661 / 1,462 / 3,123 20 M/I Homes Inc. $131,000,000 463 10.9% 2,264 / 3,845 / 6,109 24 Giants 4.3% Atlanta Greenville 2,654 / 8,641 / 11,295 5,346 / 1,104 / 6,450 1,994 $198,990 $194,900 11.6% Columbia 21 NeighborWorks America $120,043,520 379 Closings 5.7% $165,276 9,121 / 5,210 / 14,331 2,207 / 188 / 2,395 San Diego Phoenix New Mexico -0.4% 9,773 District of 22 Weyerhaeuser Real Estate Co. $111,530,408 284 $529,900 9 Giants $269,000 2,786 / 938 / 3,724 Closings 12.5% 23.6% Tucson 936 columbia 2,198 / 3,489 / 5,687 arkansas 23 Polygon Northwest Co. $107,042,126 100 11,859 / 4,023 / 15,882 $184,900 Closings Birmingham 41 Giants 938 8.3% 673 $184,900 24 Van Metre Companies $102,512,187 205 2,162 / 671 / 2,833 5 Giants Closings 3.8% Closings 1,778 / 1,214 / 2,992 Fort Worth Dallas 6 Giants georgia 8 Giants 25 Miller and Smith $96,000,000 302 $190,000 $258,990 Charleston 6.4% 5.3% $249,000 5,199 / 3,205 / 8,404 12,623 / 12,772 / 25,395 alabama 4,374 mississippi Closings 2.2% 2,444 3,128 / 1,604 / 4,732 5,588 top 25 land sellers 152 Closings 22 Giants Closings Closings 16 Giants 3 Giants 29 Giants 2012 land RANK NA M E otal T otal s ale El Paso CO M PANY $152,290 44.032 louisiana 0.0% Baton Rouge Jacksonville Closings $237,995 1 Weyerhaeuser Real Estate Co. $192,489,413 2,967 / 1,180 / 4,147 1,697 $180,118 66 Giants 1.2% 2.0% Closings 2,845 / 132 / 2,977 4,582 / 2,881 / 7,463 2 PulteGroup Inc. $106,698,000 8 Giants 3 Lennar Corp. $89,055,000 Austin Orlando 24,301 Albert D. Seeno Construction Co. / $254,990 $225,000 Closings 4 $66,532,000 Discovery Builders 7.0% 10.3% 7,971 / 11,249 / 19,220 7,242 / 4,009 / 11,251 38 Giants New Orleans Melbourne 5 Standard Pacific Homes $46,706,000 $169,600 $162,990 6.4% Tampa 4.5% 6 Shea Homes $34,337,000 Houston 2,009 / 278 / 2,287 1,107 / 11 / 1,118 $220,000 $198,990 7.9% 7 Miller and Smith $33,000,000 San Antonio 6.8% $210,000 28,567 / 14,883 / 43,450 5,884 / 4,414 / 10,298 Lakeland 5.7% $143,900 8 Hovnanian Enterprises Inc. $31,788,000 alaska 5,125 / 3,104 / 8,229 10.4% 916 Sarasota 1,380 / 140 / 1,520 West Palm Beach 9 D.R. Horton Inc. $26,341,000 $325,000 $299,900 Closings 9.0% 12.9% 10 ICI Homes $21,622,000 3 Giants 2,668 / 445 / 3,113 2,170 / 2,297 / 4,467 11 MHI (McGuyer Homebuilders, Inc.) $21,000,000 Fort Myers Fort Lauderdale $225,000 12 Hunt Companies Inc. $20,115,900 $269,000 12.1% 11.4% 1,806 / 237 / 2,043 1,062 / 2,182 / 3,244 13 WCI Communities $19,338,000

14 The Drees Company $17,386,000 Miami Top Metropolitan Statistical Areas (MSA) $339,000 15 Sares-Regis Group $17,012,000 13.3% Metro Name 1,811 / 3,099 / 4,910 Housing giants poster 16 Woodside Homes $15,000,000 Median asking price (April 2012-March 2013) sponsored by Percent change in asking price y-o-y per Trulia Price Monitor 17 American Classic Homes $14,913,000 2012 single-family permits / 2012 multi-family permits / total permits 18 Van Metre Companies $12,596,413 State-by-state statistical data

Honolulu ® 19 Elliott Homes $12,435,000 $480,000 Professional Builder 4.8% 20 Centerline Homes $11,671,799 990 / 951 / 1,941 State-by-state Statistical Data HOUSING GIANTS REPORT, 2013 21 HHHunt Corp. $10,506,155 (2012 Closings by Housing Giant Firms) MSA median Price data 22 M/I Homes Inc. $9,900,000 n 10,000+ closings n 500-1,999 closings 23 Beazer Homes $9,618,000 n 5,000-9,999 closings n 0-499 closings 24 Home Creations $9,500,000 hawaii 712 n 2,000-4,999 closings 25 Meritage Home Corp. $9,314,000 Closings Consulting, LLC provides proprietary 5-year forecasts SOURCE: PROFESSIONAL BUILDER HOUSING GIANTS REPORT, 2013 5 Giants for permit activity and other housing market data.