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Richmond unveils Dream Collection

“We were determined to develop a series of homes under $250,000 that had all of the bells and whistles that today’s savvy homebuyers are looking for—dream kitchens, built-in tech centers and plenty of flex space to ensure buyers can configure their ideal homes,” David [...]

Mizel, Mandarich take pay cuts

“During 2011, our industry continued to be impacted by adverse economic conditions, including an oversupply of homes available for sale, tight lending conditions and depressed consumer demand , primarily due to low consumer confidence and elevated unemployment,” Larry [...]

MDC cuts losses by $11 million

“In the fourth quarter of 2011, excluding debt extinguishment and land-related charges, we achieved profitability, thereby providing strong evidence of the meaningful progress we have made in implementing Company initiatives over the past few quarters,” Larry [...]

Exec leaves MDC

Vilia Valentine, one of the top executives at Denver-based MDC Holdings Inc., has announced she is resigning from the giant homebuilding company.

M.D.C. books loss

“Given increased uncertainty surrounding employment levels and consumer confidence, our goal is to return to profitability without relying on an improvement in homebuilding market conditions,” Larry [...]

Distressed-land guru resigns from MDC

Jeff Handlin hopes to work with the “M.D.C. folks for years to [...]

M.D.C. once traded for a dime

“One thing I can’t do anything about is the stock market,” Spencer Browne in [...]

MDC cuts losses

“Difficult market conditions, coupled with the absence of the federal homebuyer tax credit, resulted in a reduction in net home orders..” Larry [...]

MDC enters Seattle market

“Given SDC’s position as the third largest homebuilder in Seattle, this acquisition puts us in a strong position in this market,” David D. [...]

M.D.C. execs' $2.5 million bonuses

;Both NVR and MDC have rock-solid balance sheets — both cover their debt with cash and short-term investments,” Anand Chokkavelu. [...]