Exhibit 12.1

Standard Pacific Corp.

Ratio of Earnings to Fixed Charges—Continuing Operations

(Dollars in thousands)

	Year Ended December 31,
	2007			2006			2005		2004		2003
Earnings:
Income from continuing operations	$	(695,183	)	$	146,093		$	439,950	$	316,319	$	204,379
Add:
Cash distributions of income from unconsolidated joint ventures		16,717			75,416			61,725		67,457		63,905
Provision (benefit) for Income taxes		(149,003	)		82,930			269,528		197,083		130,719
Expensing of previously capitalized interest included in cost of sales		120,489			86,698			63,088		59,278		62,607
Interest portion of rent expense		500			500			500		500		500
Less:
Income (loss) from unconsolidated joint ventures	$	(188,975	)	$	(1,959	)	$	61,226	$	45,884	$	57,069
Earnings:	$	(517,505	)	$	393,596		$	773,565	$	594,753	$	405,041
Fixed charges:
Homebuilding interest incurred	$	137,310		$	148,355		$	96,184	$	87,510	$	76,842
Interest portion of rent expense		500			500			500		500		500
Fixed Charges	$	137,810		$	148,855		$	96,684	$	88,010	$	77,342
Ratio of Earnings to Fixed Charges		(3.8	)		2.6			8.0		6.8		5.2