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M.D.C. Holdings, Inc. news covers the former NYSE-listed homebuilder and its Richmond American Homes subsidiaries, including new community openings, master-planned neighborhoods and floor-plan collections in U.S. housing markets. Company updates commonly describe ranch, two-story and paired-home offerings, designer-curated finishes, model-home events and the geographic expansion of Richmond American communities.
MDC was acquired by Sekisui House in 2024 and later delisted from the NYSE. Its historical operating profile also includes affiliated mortgage lending, insurance and title services through HomeAmerican Mortgage Corporation, American Home Insurance Agency and American Home Title and Escrow Company.
M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of the Lapis model home in the new Seasons at Nester's Landing community, located in Essex, Maryland. The two-story model features premium finishes, including stainless-steel appliances and quartz countertops. Homebuyers can explore the Lapis model on September 10-11 from 10 a.m. to 6 p.m. The community offers new single-family homes starting in the low $500s, with up to 5 bedrooms, and provides convenient access to shopping and major highways. Interested buyers can customize their homes with professional design consultants.
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M.D.C. Holdings has announced the grand opening of two new model homes, Ammolite and Larimar, at Seasons at Carillon, Manor, Texas. The homes feature modern layouts and spacious owner suites. A Model Grand Opening Event will take place on September 10, 2022, offering complimentary lunch and prize drawings. The community showcases homes starting from the low $400s, with various floor plans and amenities including a clubhouse, pool, and parks. M.D.C. Holdings, a leading homebuilder, has built over 230,000 homes since 1977 and operates across multiple states.
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M.D.C. Holdings, Inc. (NYSE: MDC) announces the grand opening of a new model home, the Hemingway, in Clarks Rest, Leonardtown, Maryland, on August 13-14, 2022. This two-story model features 9' ceilings, quartz countertops, and hardwood flooring. Clarks Rest offers four floor plans priced from the low $500s, with amenities like a clubhouse, pools, and walking trails. Homebuyers can customize their homes with design consultants. The property is conveniently located near major urban centers and notable attractions.
M.D.C. Holdings has announced the grand opening of two model homes, Avalon and Arlington, at Haskins Station in Arvada, Colorado, on August 6, 2022. The fully furnished homes showcase optional finished basements, targeting prospective buyers. The community features various home styles, including single-family and paired homes, with plans offering up to 6 bedrooms and approximately 3,820 sq. ft. Located near public transportation, the masterplan aims to enhance convenience for homeowners.
M.D.C Holdings, Inc. (NYSE: MDC) reported a strong second quarter for 2022, with net income rising 23% to $189.5 million, or $2.59 per diluted share. Home sale revenues grew by 6% to $1.45 billion, despite a 7% decline in unit deliveries to 2,536. The gross margin on home sales increased by 370 basis points to 26.8%. However, net orders fell by 40% due to rising interest rates and a downturn in consumer confidence. The company maintains a solid financial position with a debt-to-capital ratio of 34% and $1.74 billion in liquidity, positioning it well for future challenges.
M.D.C. Holdings, Inc. (NYSE: MDC) announced a quarterly cash dividend of $0.50 per share, payable on August 24, 2022, to shareholders of record on August 10, 2022. The company, founded in 1972, has built over 230,000 homes and operates under the subsidiary name Richmond American Homes. MDC is a leading homebuilder across various U.S. metropolitan areas, focusing on customer satisfaction, quality, and value.
Richmond American Homes, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), announces the opening of new model homes, the Palmer and Dillon II, at Stone Haven at White Rock Springs Ranch in Folsom, CA, starting July 30. These homes feature four innovative floor plans, with pricing starting from the mid $900s. Prospective buyers can schedule tours on July 30 and 31. Each two-story home offers 4 to 7 bedrooms and up to 3,810 sq. ft., situated near various amenities and convenient access to Sacramento.