EX-99.1 3 a2086202zex-99_1.htm EX-99.1
QuickLinks -- Click here to rapidly navigate through this document

[BEAZER Letterhead]

    Press Release
For Immediate Release


Beazer Homes USA, Inc. Reports July Home Orders

        Atlanta, Georgia, August 5, 2002—Beazer Homes USA, Inc. (NYSE:BZH) (www.beazer.com) today released preliminary unit net orders for the month ended July 31, 2002.

 
  New Orders (units) for the Month Ended July 31,
 
 
  Beazer
2002

  Crossmann
2002

  Total
2002

  Beazer
2001

  %
Change

 
Southeast   289   107   396   272   45.6 %
West   364     364   307   18.6 %
Central   128     128   110   16.4 %
Mid-Atlantic   93     93   120   (22.5 )%
Midwest     282   282     n/a  
   
 
 
 
     
Total   874   389   1,263   809   56.1 %
   
 
 
 
     

        New orders for the month ended July 31, 2002, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 2002. On a pro forma basis, new orders for the month ended July 31, 2001, including Crossmann's orders would have been 1,244.

        Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers.

     
Contact:   David S. Weiss, Executive Vice President and Chief Financial Officer
(404) 250-3420
dweiss@beazer.com



QuickLinks

Beazer Homes USA, Inc. Reports July Home Orders