25th Survey of Residential Builders

March 10, 1996

Rank Company Year-End Inventory 1 Kaufman & Broad Corp.* ** 2 Greystone Homes Inc. 101 3 Standard Pacific Corp. ** 4 Pardee Construction Co. 135 5 Lewis Homes Group of Companies 69 6 Centex Real Estate Corp.* 48 7 Ryland Homes/Brock Homes 212 8 Shea Homes 80 9 Fieldstone Communities Inc. 11 10 Presley Companies, The 65 11 Warmington Homes 47 12 Beazer Homes* 127 13 Capital Pacific Holdings Inc.* 53 14 William Lyon Homes Inc. 12 15 Regis Contractors 0 16 Richmond American Homes of Calif. Inc. 10 17 Barratt American Inc.* 37 18 New Urban West Inc. 29 19 UDC Homes Inc.* 60 20 Taylor Woodrow Homes CA Ltd. 47 21 Inco Homes Corp. 9 22 John Laing Homes (California) 81 23 McMillin Companies 44 24 West Venture Companies 25 25 TriMark Development Co. 47 26 JM Development Co. Inc., The 36 27 California Community Builders Inc. 12 28 Larwin Company 44 29 R G C 36 30 EPAC Housing 30 31 J C C Homes 7 32 Bramalea California Inc.* 2 33 Coleman Homes Inc.* 10 34 Pacific Gateway Homes, L.P. 15 35 K. Hovnanian Companies of CA Inc.* 15 36 Osborne Development Corp.*** 19 37 Patriot Homes* 8 38 Premier Homes 3 39 Cal-Coast Homes 8 40 Paragon Homes Inc. 17 41 Haseko Townhomes, Inc. 0 42 Toll Brothers Inc.* 3 43 Showplace Development Inc. ** 44 AMCAL Homes 17 45 Cayman Development Co. 3 46 Pacific Communities Builder 20 47 Dunn Development 19 48 Stratham Group, The 4 49 Alpha Construction Co. Inc.* 0 50 R W R Development Inc. 4 51 Meeker Land & Development 9 52 Woodbridge Development 5 53 Pacific Century Homes Inc. 0 54 CenterStone Company, The* 0 55 Investec Real Estate Companies 25 56 Alexander/Catania Dev. Inc. 0 57 M W H Development Corp. 30 58 Rose Street Co. 0 59 Republic Development 11 60 Lucas & Mercier Dev. Inc. 0 61 Monarch Communities of CA 17 62 Rancho Vista Development Co. 9 63 Tapo Inc./West Pointe Homes 14 64 Lindom Properties 1 65 Reynolds Development Co. 7 66 Selby/Fowlkes Partners 0 67 Weiss Engineering & Dev. Co. Inc. ** 68 Eric Friedman Development 0 69 Pacifica Development Inc. 3 70 Sandpiper Homes Ltd.* 0 71 Calprop Corp. 0 72 Fiesta Homes Inc. 6 73 D. L. Griffin Co.* 0 74 HQT Development, LLC 15 75 Hearthstone Development Corp. 0 76 Jeffrey Homes Inc. 0 77 New View Development Inc.* 0 78 Collett Construction Co. 0 79 Aegis Inc. 1 80 Grover Brown & Sons 9 81 Richard Thomas Homes 0 82 Surfside Development 60

For the Record
Los Angeles Times Sunday March 17, 1996 Home Edition Real Estate Part K Page 4 Real Estate Desk 1 inches; 31 words Type of Material: Correction
The Forecast Group of Rancho Cucamonga was inadvertently omitted from the survey. Forecast reported sales of 940 single-family homes and 65 apartments for a sales volume of $130.6 million, ranking it No. 13 in the survey.
For the Record
Los Angeles Times Sunday March 17, 1996 Home Edition Real Estate Part K Page 4 Real Estate Desk 2 inches; 61 words Type of Material: Correction
Builder survey--Greystone Homes Inc. of Los Angeles erroneously reported sales for its entire California operation, instead of Southern California, in The Times' 1995 survey of residential building, published March 11 in Real Estate. The company built 672 single-family homes in the Southland, with 80 left unsold at year end, for a sales volume of $162.3 million. Using the correct results, the company ranked No. 8, rather than No. 2.

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* Firm reporting on fiscal-year basis

** Not reported

*** Reporting fiscal year, projected figure for single-family units

**** Inventory figures based on units built in previous years