Investors | News Releases | Beazer Homes USA, Inc. Reports Home Orders, Closings and Backlog for the Quarter Ended December 31, 2003

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Beazer Homes USA, Inc. Reports Home Orders, Closings and Backlog for the Quarter Ended December 31, 2003

January 6, 2004 at 5:27 PM EST

ATLANTA, Jan. 6 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today released preliminary unit net orders, closings and backlog for the quarter ended December 31, 2003.


                              New Orders (Units)
                      For the Quarter Ended December 31,
                                                     %
                        2003          2002       Change
    Southeast          1,043         1,015         2.8%
    West               1,454           939        54.8%
    Central              185           232       -20.3%
    Mid-Atlantic         316           452       -30.1%
    Midwest              306           503       -39.2%
    Total              3,304         3,141         5.2%


                               Closings (Units)
                      For the Quarter Ended December 31,
                                                      %
                        2003          2002        Change
    Southeast          1,257         1,093         15.0%
    West               1,214         1,040         16.7%
    Central              240           266         -9.8%
    Mid-Atlantic         318           295          7.8%
    Midwest              579           788        -26.5%
    Total              3,608         3,482          3.6%


                               Backlog (Units)
                      For the Quarter Ended December 31,
                                            %
                        2003          2002        Change
    Southeast          2,107         1,789         17.8%
    West               2,527         1,732         45.9%
    Central              341           473        -27.9%
    Mid-Atlantic       1,115           857         30.1%
    Midwest            1,032         1,327        -22.2%
    Total              7,122         6,178         15.3%

Preliminary backlog sales value as of December 31, 2003 totals $1.65 billion, up 34% from the backlog sales value of $1.23 billion as of December 31, 2002.

Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers.

SOURCE  Beazer Homes USA, Inc.
CONTACT:  Leslie H. Kratcoski, Director, Investor Relations of Beazer
Homes USA, Inc., +1-770-829-3700, or lkratcos@beazer.com