(Triangle, NC – January 20, 2015)— M/I Homes of Raleigh is pleased to report that the company has had a remarkable year. With 391 homes sold in the Triangle in 2014 and a record high of 404 closings, M/I had a 26% increase in revenue over the previous year.

At year-end, the company has recorded a record $138M in new home sales. Most noteworthy is the average selling price increased from $303K to $351K, breaking another division record. Homes sold ranged in price from the upper $100s to over $800K in the Triangle area.

“We are so proud of our team here in Raleigh,” shares Ed Kristensen, President of M/I Homes’ Raleigh Division. “It is a true group effort from our construction field superintendents, to our New Homes Consultants, Permitting Department, Customer Care, M/I Financial and a host of support staff. Each and every member on our team takes great pride in delivering a solidly built home that our buyers will enjoy for generations to come.”

M/I Homes currently offers new homes in 17 communities throughout the Triangle including Raleigh, Cary, Fuquay-Varina, Holly Springs, Wake Forest, Clayton, Durham, Pittsboro, Carrboro and Chapel Hill. M/I Homes builds single family homes and townhomes from the mid $100’s to over $1M. All of M/I’s homes are 100% Energy Star® qualified and come with a 30-year home warranty.

Information Centers are open Mon: 11am–5pm; Tues – Sat: 10am-5pm; Sun: 1-5pm. For a complete listing of all of their communities and home plans, log onto www.MIHomes.com/Raleigh or call Reyna Estrada toll free 877-464-8818.

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About M/I Homes

Founded in 1976, M/I Homes has established an exemplary reputation of superior customer service, innovative design, quality construction and premium locations. Each new M/I home is built with quality and care, which is why M/I Homes has earned the reputation of being a trustworthy builder with integrity. By keeping the home buyer involved every step of the way through their Confidence Builder Program, M/I Homes removes the stress of buying a home.

M/I Homes, Inc. is one of the nation’s leading builders of quality single-family homes, having delivered nearly 90,000 homes. The Company’s innovative, award-winning homes are marketed and sold under the trade names M/I Homes and Showcase Homes. The Company has homebuilding operations in Chicago, Illinois, Columbus and Cincinnati, Ohio, Northern Kentucky, Indianapolis, Indiana; Tampa and Orlando, Florida; Charlotte and Raleigh, North Carolina; the Virginia and Maryland suburbs of Washington, D.C., and Austin, Houston, Dallas/Fort Worth and San Antonio in Texas.

In the Triangle, find M/I Homes in 17 communities throughout the Triangle including Raleigh, Cary, Fuquay-Varina, Holly Springs, Wake Forest, Clayton, Durham, Carrboro, Pittsboro and Chapel Hill. Visit us on www.MIHomes.com/Raleigh or by calling toll free 877-464-8818 to find out more.

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Media Contact:

Linda Hunt Dickert | Marketing Manager

M/I Homes, Inc. | Raleigh Division

Office: (919) 233-5746 | Mobile: (919) 815-3252 | Fax: (919) 828-0663

LDickert@MIHomes.com