Hunstville, AL, January 19, 2010 --(PR.com
)-- Huntsville, Alabama homebuilder Jeff Benton Homes has announced that the company had 74 new home sales during the fourth quarter of 2009: 26 in October, 20 in November and 28 in December. These sales generated a company-record quarterly volume of $21,781,038.
“These are extremely gratifying figures, especially when you consider the country’s current economic challenges”, said Chief Financial Officer and Vice-President of Finance Mark Dunaway. “We saw the market pick up somewhat in mid-2009 and were actually able to generate 42% of our closing volume for the year during the fourth quarter.
“Record home sales made October, November and December our biggest months for 2009. October set new all time records and then December topped that, producing the largest number of homes sales in the history of our company. While we attribute some of this surge in home sales to the federal tax credit, we believe the economy is giving homebuyers an even greater incentive to work with a builder they can count on.”
“As an example, while Madison County new home building starts were down 32% during the period 2007 through 2009, Jeff Benton Homes’ sales were up 12%.”
“To sum up, I believe our very strong fourth quarter in the midst of the challenges of the national real estate market was more the natural outgrowth of the leadership of Mr. Benton and the untiring efforts of the entire Jeff Benton Homes team.”
Jeff Benton Homes
Jeff Benton Homes is nationally ranked among America's largest home builders. Jeff Benton Homes continues to grow by adhering to its philosophy of treating people with care and respect. Jeff Benton Homes has been building new homes in the Madison / Huntsville Alabama area since 1987. For more information, please visit www.jeffbentonhomes.com, call us at (256) 430-4301, or visit our New Home Design Center at 809 Shoney Drive, Suite 200, in Huntsville, Alabama.