Builder of single-family homes primarily targeting entry-level and move-up homebuyers in the United States.
M.D.C. Holdings, Inc., and its subsidiaries are deeply engaged in the residential construction and financial services sectors. The company's primary focus lies in homebuilding, where it acquires developed lots or develops them itself to construct and sell predominantly single-family detached homes. Operating under the Richmond American Homes brand, M.D.C. caters primarily to first-time and first-time move-up homebuyers across a broad geographical footprint spanning Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia.
Complementing its robust homebuilding operations, M.D.C. Holdings also operates a comprehensive suite of financial services. This includes originating mortgage loans primarily aimed at facilitating home purchases for its customers. Additionally, the company provides essential insurance coverage to its own homebuilding subsidiaries and subcontractors, ensuring comprehensive protection for homes sold and work completed within its subdivisions. Serving further in the insurance sector, M.D.C. acts as a re-insurer for claims and offers third-party personal property and casualty insurance products to homebuyers. The company also extends title agency services to its subsidiaries and customers in key markets such as Colorado, Florida, Maryland, Nevada, Pennsylvania, and Virginia.
Founded in 1972 and headquartered in Denver, Colorado, M.D.C. Holdings, Inc. has established itself as a prominent player in both the homebuilding and financial services industries. With decades of experience and a commitment to quality craftsmanship and customer satisfaction, the company continues to expand its market presence and innovate within its sectors. M.D.C.'s strategic approach and diversified operations underscore its resilience and leadership in meeting the evolving needs of homebuyers and stakeholders alike across its expansive market footprint.