Texas Builder Hammonds Homes Joins Builder Homesite Consortium; Membership in Builder Sponsored Consortium Now Tops 25

Apr 23, 2001, 01:00 ET from Builder Homesite, Inc.

    AUSTIN, Texas, April 23 /PRNewswire Interactive News Release/ -- Builder
 Homesite, Inc., the emerging builder-founded consortium for the new home
 market, today announced that Hammonds Homes, ranked 90th in the Builder 100,
 has signed up as the 25th consortium member.
     Builder Homesite is backed, endorsed and driven by a consortium of the
 nation's premier homebuilders and focused on improving the home selection,
 buying and ownership experience through the use of online technologies.  BHI
 products are being designed to provide consortium members with the benefits of
 new sources of revenue from an open, unbiased new home channel, reduced
 technology acquisition costs and the monetization of each builder's home and
 community assets.  The 25 consortium members represent over $37 billion in
 gross revenue for 2000 and build over 175,000 homes across the continental
 United States.
     "We are very excited about the programs and plans presented by the Builder
 Homesite consortium," said Ron Hammonds, CEO of Hammonds Homes.  "Hammonds has
 a long tradition of delivering quality and value to our customers, we also
 believe that our participation in this consortium, with its powerful cast of
 players, will ensure our continued leadership in the homebuilding
 marketplace."
     "Each builder than joins the consortium, brings a unique perspective on
 the new home building market," said Tim Costello, President and CEO of Builder
 Homesite.  "Hammonds is a great Texas builder with a very solid reputation for
 innovation and support.  They will play a key role in helping define the
 products and services that will further transform the new home market."
 
     New Home Industry
     According to Hanley Woods 2000 Builder 400 Report, the top 200 builders in
 the United States are responsible for over $56 billion dollars in revenue
 (Single Family Detached Homes) with over 320,000 closing annually.  The
 members of the Builder Homesite consortium dominate this list and are
 responsible for over 50% of the homes built by the top 200 builders in the
 United States.
     PaineWebber's eBuilder Report states that builders effectively using the
 Internet could see profits per-home improving by up to 30% in the next ten
 years.  Consumer use of the Internet during the home selection process is
 increasing -- research studies show that 62% of all new home buyers already
 use the web for sources of information and service.  Other research has
 revealed that over 85% of consumers will use or plan to use the Internet to
 shop for homes in the next two years.
 
     About Hammond Homes
     Founded in 1987, Hammonds Homes strives to be the best of the top builders
 in Austin, Dallas and Houston, Texas, and ranks in the top 100 home building
 companies in the nation.  Beyond the quality craftsmanship and creative
 architecture of each home, Hammonds has built a reputation for outstanding
 customer service, as demonstrated by their motto, "build each home as if it
 were your own".
 
     About Builder Homesite
     Founded in the spring of 2000, Builder Homesite is funded by the following
 top national builders: American Heritage Homes, Beazer Homes USA, Inc.
 (NYSE:   BZH), Capital Pacific Holdings (Amex:   CPH), Centex Corporation
 (NYSE:   CTX), D.R. Horton, Inc. (NYSE:   DHI), David Weekley Homes, Del Webb
 (NYSE:   WBB), The Drees Company, Gateway Homes, Hammonds Homes, Highland Homes,
 Hovnanian Enterprises, Inc., KB Home (NYSE:   KBH), Lennar Corporation
 (NYSE:   LEN), M.D.C. Holdings (NYSE:   MDC), Medallion Homes, Morrison Homes,
 Orleans Homebuilders (Amex:   OHB), Pulte Homes (NYSE:   PHM), Ryan Building
 Group, The Ryland Group, Inc. (NYSE:   RYL), Schuler Homes, Inc. (Nasdaq:   SHLR),
 Sivage Thomas Homes, Toll Brothers (NYSE:   TOL) and Weyerhaeuser Real Estate
 (NYSE:   WY).  Builder Homesite will serve the interests of new homebuilders by
 providing products, tools and services that make finding, owning and living in
 a new home easier, simpler and more convenient.  The company is headquartered
 in Austin, Texas.
 
      Editorial Contacts:
      Builder Homesite, Inc.           Hammonds Homes
      Mary Browning                    Ron Hammonds
      (512) 651-8812                   (218) 463-6343
      mbrowning@builderhomesite.com    ronh@hammondshomes.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X49751341
 
 

SOURCE Builder Homesite, Inc.
    AUSTIN, Texas, April 23 /PRNewswire Interactive News Release/ -- Builder
 Homesite, Inc., the emerging builder-founded consortium for the new home
 market, today announced that Hammonds Homes, ranked 90th in the Builder 100,
 has signed up as the 25th consortium member.
     Builder Homesite is backed, endorsed and driven by a consortium of the
 nation's premier homebuilders and focused on improving the home selection,
 buying and ownership experience through the use of online technologies.  BHI
 products are being designed to provide consortium members with the benefits of
 new sources of revenue from an open, unbiased new home channel, reduced
 technology acquisition costs and the monetization of each builder's home and
 community assets.  The 25 consortium members represent over $37 billion in
 gross revenue for 2000 and build over 175,000 homes across the continental
 United States.
     "We are very excited about the programs and plans presented by the Builder
 Homesite consortium," said Ron Hammonds, CEO of Hammonds Homes.  "Hammonds has
 a long tradition of delivering quality and value to our customers, we also
 believe that our participation in this consortium, with its powerful cast of
 players, will ensure our continued leadership in the homebuilding
 marketplace."
     "Each builder than joins the consortium, brings a unique perspective on
 the new home building market," said Tim Costello, President and CEO of Builder
 Homesite.  "Hammonds is a great Texas builder with a very solid reputation for
 innovation and support.  They will play a key role in helping define the
 products and services that will further transform the new home market."
 
     New Home Industry
     According to Hanley Woods 2000 Builder 400 Report, the top 200 builders in
 the United States are responsible for over $56 billion dollars in revenue
 (Single Family Detached Homes) with over 320,000 closing annually.  The
 members of the Builder Homesite consortium dominate this list and are
 responsible for over 50% of the homes built by the top 200 builders in the
 United States.
     PaineWebber's eBuilder Report states that builders effectively using the
 Internet could see profits per-home improving by up to 30% in the next ten
 years.  Consumer use of the Internet during the home selection process is
 increasing -- research studies show that 62% of all new home buyers already
 use the web for sources of information and service.  Other research has
 revealed that over 85% of consumers will use or plan to use the Internet to
 shop for homes in the next two years.
 
     About Hammond Homes
     Founded in 1987, Hammonds Homes strives to be the best of the top builders
 in Austin, Dallas and Houston, Texas, and ranks in the top 100 home building
 companies in the nation.  Beyond the quality craftsmanship and creative
 architecture of each home, Hammonds has built a reputation for outstanding
 customer service, as demonstrated by their motto, "build each home as if it
 were your own".
 
     About Builder Homesite
     Founded in the spring of 2000, Builder Homesite is funded by the following
 top national builders: American Heritage Homes, Beazer Homes USA, Inc.
 (NYSE:   BZH), Capital Pacific Holdings (Amex:   CPH), Centex Corporation
 (NYSE:   CTX), D.R. Horton, Inc. (NYSE:   DHI), David Weekley Homes, Del Webb
 (NYSE:   WBB), The Drees Company, Gateway Homes, Hammonds Homes, Highland Homes,
 Hovnanian Enterprises, Inc., KB Home (NYSE:   KBH), Lennar Corporation
 (NYSE:   LEN), M.D.C. Holdings (NYSE:   MDC), Medallion Homes, Morrison Homes,
 Orleans Homebuilders (Amex:   OHB), Pulte Homes (NYSE:   PHM), Ryan Building
 Group, The Ryland Group, Inc. (NYSE:   RYL), Schuler Homes, Inc. (Nasdaq:   SHLR),
 Sivage Thomas Homes, Toll Brothers (NYSE:   TOL) and Weyerhaeuser Real Estate
 (NYSE:   WY).  Builder Homesite will serve the interests of new homebuilders by
 providing products, tools and services that make finding, owning and living in
 a new home easier, simpler and more convenient.  The company is headquartered
 in Austin, Texas.
 
      Editorial Contacts:
      Builder Homesite, Inc.           Hammonds Homes
      Mary Browning                    Ron Hammonds
      (512) 651-8812                   (218) 463-6343
      mbrowning@builderhomesite.com    ronh@hammondshomes.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X49751341
 
 SOURCE  Builder Homesite, Inc.

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