Beazer Homes USA, Inc. Reports October Home Orders
ATLANTA, Nov. 5 /PRNewswire/ -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today released preliminary unit net orders for the month ended October 31, 2001.
New Orders (units) For the Month Ended October 31, 2001 2000 % Change Southeast 353 245 44.1% West 324 225 44.0% Central 57 49 16.3% Mid-Atlantic 121 125 -3.2% Total 855 644 32.8%
New orders for the West region for the month ended October 31, 2001 include 22 units from Sanford Homes of Colorado. Beazer acquired Sanford Homes effective August 1, 2001.
New orders for the month ended October 31, 2001 and 2000 include 78 and 19 units, respectively, for affordable housing developments being built through governmental programs. We had 340 and 28 new orders in fiscal 2001 and 2000, respectively, related to such government programs, representing 3% and 1% of total new orders for each year, respectively.
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, Florida, Georgia, Maryland, Nevada, New Jersey, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Beazer Homes also provides mortgage origination, title and insurance services to its homebuyers.
SOURCE Beazer Homes USA, Inc.
CONTACT: David S. Weiss, Executive Vice President and Chief Financial Officer of Beazer Homes USA, Inc., +1-404-250-3420, or dweiss@beazer.com /