Wednesday, February 4, 2009

Signature Homes Grew Market Share in '08

As posted by the Birmingham Business Journal on February 4, 2009 by staff writer Lauren B. Cooper:

Birmingham home builder Signature Homes said it saw growth last year, despite the down economy.

Signature said its market share grew by 78 percent in new homes sold between 2007 and 2008 in Birmingham, according to data compiled from the Birmingham Area Multiple Listing Service.

In Hoover, where the builder has developed several subdivisions, Signature said it had a 65 percent market share of new homes sold and sold 59 percent of all new homes priced between $180,000 and $400,000, said a news release.

Also in that price range, the company said it built in four of the top five residential new home communities last year – Ross Bridge Village Center, Edenton, Beaumont and Chapel Creek.

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