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Jill Aylwin - Real Estate Broker, Realtor, MBA
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Fox and Jacobs Homes
Company Profile
Dallas-based Centex (NYSE: CTX), founded in 1950, is one of the nation's leading home building companies. Centex operates in major U.S. markets in 25 states and delivered more than 39,000 homes in the United States in its most recent fiscal year ended March 31, 2006.
In addition to its home building operations, Centex's related business lines include mortgage and financial services, home services and commercial construction. These businesses provide operational or financial support to home building operations and are leaders in their respective industries. Centex consistently ranks among FORTUNE magazine's list of "America's Most Admired Companies" in our industry.
For the third quarter of fiscal year 2007 ended Dec. 31, 2006, the company reported the following results: revenues for the quarter of $3.28 billion and a loss from continuing operations of $235 million. Centex reported a loss per diluted share from continuing operations of $1.96.
For fiscal year 2006, Centex reported revenues of $14.4 billion, and earnings from continuing operations of $1.2 billion. Earnings per diluted share from continuing operations were $9.20.
Centex Construction
Centex Construction consistently ranks as one of the nation's five largest general building contractors. The group provides construction management and design-build services nationwide. Over time, the group has completed more than $27 billion of projects in both the private and public sectors, among which are some of the nation's most well-known structures. Centex Construction's primary markets include: multi-unit residential, education, corrections, corporate, healthcare, government, transportation, hospitality, military housing, public assembly, and retail.
HOME SERVICES
HomeTeam Pest Defense
HomeTeam Pest Defense is the nation's largest pest management company serving new home builders. In addition to conventional pest control and termite treatment services, HomeTeam Pest Defense offers two innovative, patented insect control services -- TaexxTM built-in pest control systems and the Tubes Under the Slab® termite control system. These are installed during new home construction. Conventional termite baiting service is also available through HomeTeam.
HOME BUILDING
Centex's Home Building operation consistently ranks among the largest multi-market, single-family home builders in the United States. Centex is the only company to rank among the Top 10 U.S. home builders for more than 40 consecutive years, according to Professional Builder magazine.
MORTGAGE, TITLE AND INSURANCE
CTX Mortgage
CTX Mortgage Company, one of the nation's largest retail mortgage originators, has more than 200 offices and is licensed to do business in 46 states and the District of Columbia. CTX Mortgage offers FHA/VA, conventional, conforming, jumbo and specialty loans. CTX Mortgage originated almost $16 billion of loans in fiscal 2006.
Centex Title and Insurance
Centex's Title and Insurance operations provide nationwide residential and commercial title insurance and settlement services, including low-cost property reports and appraisal products. Centex Insurance offers homeowners' insurance to more than 100,000 customers nationwide and also offers life, auto, boat, commercial, home warranty and umbrella policies.
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Real Estate Broker or Agents have relied upon other sources for information contained herein, and have no reason to know that the information on the homes or builders is false or inaccurate.
Broker or Agents do not warrant or guarantee the accuracy of the home or other information. Do not rely on the information without verification or confirmation.
