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Colony Homes Sales/Closings 2000 Versus 2001.


Business Editors

CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 11, 2002

Ron Peiffer, Division President of Colony Homes, is pleased to announce an increase in the company's Triangle new home sales New Home Sales

An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics.
 and closings for the 2001-year, as compared with sales and closing figures for the year 2000.

Sales increased 102%, January - December 2001, compared with the same period in 2000. Measured in the same manner, closings increased by 53%.

Peiffer attributes the company's substantial increase in sales and closings to the commitment of the Colony Homes' team to customer satisfaction. "We are dedicated to offering the best value in the marketplace," says Peiffer.

Colony Homes was recently named "Builder of the Year" for 2001 in Atlanta, Georgia Georgia, country, Asia
Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia.
, the city in which it was founded in 1975. In the Triangle area, Colony Homes builds in seven Wake and Durham County Durham County has several possible meanings:
  • Durham County, North Carolina in the United States
  • Durham County, Ontario (a/k/a Durham Regional Municipality) in Canada
  • County Durham in England
 neighborhoods, with new homes ranging in price from the $90s to the $160s. Desirable standard features, a long list of options, and a variety of fresh floor plans with quality products from the industry's most respected manufacturers are just a few of the reasons Colony Homes has won numerous awards for excellence in home building and has been ranked as one of the Top 100 Builders in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  by Builder magazine. Their most treasured honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. , however, is the confidence given to them by over 6,500 families who come home to Colony every day. For more information on Colony Homes, the official home builder of The Carolina Hurricanes The Carolina Hurricanes are a professional ice hockey team based in Raleigh, North Carolina. They are members of the Southeast Division of the Eastern Conference of the National Hockey League (NHL). , call (919) 871-0092, or visit www.colonyhomes.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 11, 2002
Words:256
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