M/I Homes of Raleigh is pleased to report that the company has had a remarkable year. With 391 homes sold in the Triangle in 2014 and a record high of 404 closings, M/I had a 26% increase in revenue over the previous year.
At year-end, the company recorded a record $138M in new home sales. Most noteworthy is that the average selling price increased from $303K to $351K, breaking another division record. Homes sold ranged in price from the upper $100s to over $800K in the Triangle area.
“We are so proud of our team here in Raleigh,” shares Ed Kristensen, President of M/I Homes’ Raleigh Division. “It is a true group effort from our construction field superintendents, to our New Homes Consultants, Permitting Department, Customer Care, M/I Financial and a host of support staff. Each and every member on our team takes great pride in delivering a solidly built home that our buyers will enjoy for generations to come.”
M/I Homes builds single family homes and townhomes from the mid $100’s to over $1M. All of M/I’s homes are 100% Energy Star® qualified and come with a 30-year home warranty.
Information Centers are open Mon: 11am–5pm; Tues – Sat: 10am-5pm; Sun: 1-5pm. For a complete listing of all of their communities and home plans, log onto www.MIHomes.com/Raleigh or call Reyna Estrada toll free at 877-464-8818.
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