TABLE OF CONTENTS
Overview............................................................................................................................................................................................4
Conclusions From Our Data...............................................................................................................................................................5
Methodology And Caveats.................................................................................................................................................................7
Community County By City And State
Current Community Count (Aggregate)..................................................................................................................................12
Year-To-Date Community Count Change (Aggregate). ..........................................................................................................16
Community County By Homebuilder
Beazer Homes USA, Inc. ........................................................................................................................................................23
Centex Corporation .................................................................................................................................................................25
D.R. Horton, Inc......................................................................................................................................................................27
Hovnanian Enterprises, Inc. ....................................................................................................................................................29
KB Home ................................................................................................................................................................................31
Lennar Corporation ................................................................................................................................................................33
MDC Holdings, Inc.................................................................................................................................................................35
Meritage Homes Corporation..................................................................................................................................................37
NVR, Inc. ................................................................................................................................................................................39
Pulte Homes, Inc. ....................................................................................................................................................................41
Ryland Group, Inc...................................................................................................................................................................43
Standard Pacific Corp..............................................................................................................................................................45
Toll Brothers, Inc. ...................................................................................................................................................................47
Appendix
Pro Forma Centex Corporation and Pulte Homes, Inc. Combination ...............................................................................................50