M/I Homes, Inc. (NYSE:MHO)

M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential properties. The company offers single-family homes, attached townhomes, and condominiums to first-time, move-up, empty-nester, and luxury buyers under the M/I Homes trade name. It designs, sells, and builds single-family homes on finished lots, which it develops or purchases ready for home construction. The company also purchases undeveloped land to develop into finished lots for construction of single-family homes and for sale to others. In addition, it provides mortgage financing services, such as originating mortgage loans, as well as offers title services to the purchasers of company’s homes. Further, the company offers insurance services. M/I Homes, Inc. has operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Tampa and Orlando, Florida; Houston, Texas; Charlotte and Raleigh, North Carolina; and Virginia and Maryland suburbs of Washington, D.C. As of December 31, 2010, it had 3,008 developed lots and 815 lots under development in inventory, as well as owned raw land expected to be developed into approximately 3,788 lots. The company was founded in 1973 and is based in Columbus, Ohio

Last updated June 6, 2012