M.D.C. Holdings, Inc. builds and sells primarily single-family detached homes that are designed and built to meet local customer preferences. It operates its business through the following segments: West, Mountain, and East. The West segment includes Arizona, California, Nevada, and Washington. The Mountain segment consists of Colorado and Utah. The East segment contains Virginia, Florida, Maryland, Pennsylvania, and New Jersey. The company was founded by Larry A. Mizel in 1972 and is headquartered in Denver, CO.
M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial service businesses in the United States. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey. Its financial services operations consist of originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers. M.D.C. Holdings, Inc. was founded in 1972 and is based in Denver, Colorado.