DENVER, Dec. 4 (Hanley-Wood News Service) – M.D.C. Holdings, Inc. (NYSE: MDC; PCX) today announced that it received 457 home orders in November 2001. November
2001 2000
Orders for Homes, net
Colorado 173 145
California 108 110
Arizona 115 132
Nevada 24 31
Northern Virginia/Suburban Maryland 37 48
Total 457 466
MDC, whose subsidiaries build homes under the name ”Richmond American Homes,” is one of the largest homebuilders in the United States. The Company’s wholly owned subsidiary HomeAmerican Mortgage Corporation provides mortgage financing primarily for MDC’s home buyers. MDC is a major regional homebuilder with a significant presence in some of the country’s best housing markets. Richmond American Homes is the largest homebuilder in Colorado; among the top five homebuilders in northern Virginia, Phoenix, and Tucson; and among the top ten homebuilders in suburban Maryland, Las Vegas, Southern California and Northern California.
