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The Company designs, sells and builds single-family homes on finished lots, which it develops or purchases ready for home construction.
/I Homes, Inc. is a builder of single-family homes. The Company sells and constructs single-family homes, attached townhomes and condominiums to first-time, move-up, empty-nester and luxury buyers under the M/I Homes and Showcase Homes trade names. During the year ended December 31, 2007, the Company delivered 3,173 homes. Its homes are sold in the geographic markets, including Columbus and Cincinnati, Ohio; Tampa and Orlando, Florida; Charlotte and Raleigh, North Carolina; Indianapolis, Indiana, and the Virginia and Maryland suburbs of Washington, D.C. The Company supports its homebuilding operations by providing mortgage financing services through its wholly owned subsidiary, M/I Financial Corp. (M/I Financial), and title and insurance brokerage services through subsidiaries that are either wholly or majority-owned by the Company
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