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Longtime Valley homebuilders create new firm

A recently created Scottsdale-based homebuilder is kicking off its first project in Fountain Hills, with additional plans coming. ....

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Landsea Homes Reports Fourth Quarter and Full Year 2020 Results, Reiterates Strong 2021 Outlook

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Landsea Homes Reports Fourth Quarter and Full Year 2020 Results, Reiterates Strong 2021 Outlook
Landsea HomesMarch 11, 2021 GMT
NEWPORT BEACH, Calif., March 11, 2021 (GLOBE NEWSWIRE) Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Summary vs. Same Year-Ago Quarter
Total revenue was $284.7 million compared to $286.1 million.
Excluding lot sales from total revenue, total home sales increased 3% to $284.7 million compared to $275.2 million.
Total homes delivered increased 111% to 587 homes compared to 278. ....

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