Investors | News Releases | Beazer Homes USA, Inc. Reports Home Orders, Closings and Backlog for the Quarter and Six Months Ended March 31, 2004

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Beazer Homes USA, Inc. Reports Home Orders, Closings and Backlog for the Quarter and Six Months Ended March 31, 2004

April 6, 2004 at 4:11 PM EDT

ATLANTA, April 6 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today released preliminary unit net orders, closings and backlog for the quarter and six months ended March 31, 2004.


                                           New Orders (Units)
                           For the Quarter Ended     For the Six Months Ended
                                  March 31,                  March 31,
                                             %                            %
                             2004   2003   Change       2004     2003   Change

     Southeast               1,636  1,628    0.5%       2,679    2,643    1.4%
     West                    1,885  1,277   47.6%       3,339    2,216   50.7%
     Central                   351    296   18.6%         536      528    1.5%
     Mid-Atlantic              403    496  -18.8%         719      948  -24.2%
     Midwest                   757    882  -14.2%       1,063    1,385  -23.2%
     Total                   5,032  4,579    9.9%       8,336    7,720    8.0%


                                            Closings (Units)
                           For the Quarter Ended     For the Six Months Ended
                                  March 31,                  March 31,
                                             %                            %
                             2004   2003   Change       2004     2003   Change

     Southeast               1,197  1,093    9.5%       2,454    2,186   12.3%
     West                    1,404  1,095   28.2%       2,618    2,135   22.6%
     Central                   208    272  -23.5%         448      538  -16.7%
     Mid-Atlantic              367    233   57.5%         685      528   29.7%
     Midwest                   508    604  -15.9%       1,087    1,392  -21.9%
     Total                   3,684  3,297   11.7%       7,292    6,779    7.6%


                                                       Backlog (Units)
                                                       As of March 31,
                                                                          %
                                                2004        2003        Change

     Southeast                                  2,546       2,324         9.6%
     West                                       3,008       1,914        57.2%
     Central                                      484         497        -2.6%
     Mid-Atlantic                               1,151       1,120         2.8%
     Midwest                                    1,281       1,605       -20.2%
     Total                                      8,470       7,460        13.5%

Preliminary backlog sales value as of March 31, 2004 totals $2.04 billion, up 37% from the backlog sales value of $1.49 billion as of March 31, 2003.

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.
    -0-                             04/06/2004
    /CONTACT:  Leslie H. Kratcoski, Director, Investor Relations of Beazer
Homes USA, Inc., +1-770-829-3700, or lkratcos@beazer.com/
    /Web site:  http://www.beazer.com /
    (BZH)

CO:  Beazer Homes USA, Inc.
ST:  Georgia
IN:  CST RLT FIN
SU:

JE-LA 
-- CLTU062 --
4650 04/06/2004 16:10 EDT http://www.prnewswire.com