Write-downs for asset impairments and charges for paying off debt helped wipe out the builder's chance to end the fourth quarter in the black. More
The Denver-based builder announced significant business model changes. More
Denver-based builder focuses on growing community numbers for spring selling season. More
Management at M.D.C Holdings likes to think that August was it, the absolute lowest point for the housing market. "If it's the low point of the cycle, then over the next few years, there will be rewards for those companies that are able to execute in what we hope will be an expanding market," CEO Larry Mizel told analysts Friday during the company's third-quarter earnings call. More
From M.D.C. Holdings CEO Larry Mizel's perspective, the expiration of the federal home buyer tax credit on April 30 is expected to amount to little more than a minor setback for housing's recovery at large. However, he was careful to note that his outlook reflected the current tone in the economy, which is subject to change. More
Builder reports $127.2 million in earnings for 4Q 2009, which reflects a $142.6 million tax refund. More
The move by the famously land conservative parent company of Richmond American Homes may signal a market bottom. More
Builder posts 18% margins in 2Q, outshining its peers. More
"It's not reasonable to assume we will conduct our business as we have historically," said CEO Larry Mizel during Tuesday's quarterly earnings call, leading analysts to surmise that the company is about to turn from conservative to opportunistic. More
"There are billions of dollars of assets for sale, and we expect to increase our exposure when pricing justifies it," said CEO Larry Mizel, which, he added, won't likely occur until mid-2009. More
