IRVINE, CA-TRI Pointe Homes, Inc. has achieved record results for the third quarter ended September 30, with home sales revenue jumping from $10 million to $56.8 million compared to the same period in 2012.
“Our team continued to execute on our plan by delivering record home sales revenue, homebuilding gross margins, backlog and average selling price in backlog,” said Douglas Bauer, CEO. “As a result of this strong performance, we are excited to announce that we are raising our full year 2013 guidance.”
“With our recent announcement of an agreement to acquire Weyerhaeuser Real Estate Company, we have accelerated our long term plan to be a leading regional homebuilder in some of the nation's fastest growing markets,” Bauer continued.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
