Caviness and Cates named in Top 100 Home Builders for 2008

Builder Magazine has named the top home builders for 2008, ranking central-based North Carolina builder Caviness and Cates, 89th out of the top 100 builders in the U.S. The magazine’s “Builder 100” Survey is the most widely known and respected listing throughout the industry, focusing on closings and gross revenue of builders and their improvement from the prior year.

For 2008, Caviness and Cates closed 315 homes and grossed $75 million in revenue. “We are proud to be ranked on the list,” says CEO, Watson Caviness, “since it is a reflection of companies that survived one of the rockiest years in housing history.” Watson adds, “We survived 2008 by building in desirable locations, offering affordable, quality homes and help with closing costs.”