OREGON HOME BUILDER BREAKS GROUND ON TIGARD NEIGHORHOOD

January 30, 2008

LAKE OSWEGO, Ore. — Buena Vista Custom Homes has announced the ground breaking of "Milesbrook", a new neighborhood in the city of Tigard.

Milesbrook is conveniently sited in the heart of Tigard close to: shopping, restaurants, and more. The location is one block south from Fowler Middle School and just 11 miles southwest of downtown Portland. Milesbrook also features 10 large lots with homes that will range from 2,550 to 4,624 square feet and residences in the neighborhood will start at $469,950.

"We are excited to begin construction at Milesbrook. We feel that 2008 will be a better than expected year and projects with solid locations, such as Milesbrook, will be a strong option for buyers," said Roger Pollock, President and Owner of Buena Vista Custom Homes.

Homes in the Milesbrook development will feature Buena Vista’s renowned amenities package, Casa De Oro, which features many upscale finishes including: stainless steel appliances, cherry cabinets, extensive hardwood floors, gas fireplaces, spacious walk-in closets, and much more.

Milesbrook marks the first new development for Buena Vista since the well publicized auction, in which the company put its entire inventory of completed homes on the block, resulting in 141 Portland area homes sold. The auction generated $65 million in sales. The company has several other new projects planned for 2008.

For More Information: Contact the listing agent for Milesbrook, Tim Roberts of RE/MAX Equity Group at (503) 495- 5403.

Directions to Milesbrook: From Southwest Pacific Highway (99W). Turn right (west) on Walnut St. and turn left (south) on SW Fonner St. to site. Milesbrook is one block south of Fowler Middle School.

About Buena Vista Custom Homes: Buena Vista Custom Homes is a custom builder dedicated to making the dream of purchasing an affordable home a reality. Buena Vista currently has developments in Hillsboro, SW Portland, Beaverton, Tigard, Wilsonville, Happy Valley, Cooper Mountain, Murray Hill and the Tri-Cities. Buena Vista was named the fastest-growing business in Oregon by The Portland Business Journal. In 2004 and 2005, the Daily Journal of Commerce named Buena Vista the 2nd largest Luxury Home Builder. In early 2005 the Portland Metro Home Builders Association honored Buena Vista with their "Building Excellence Award" as well as presenting them with the honor of "Best Builder Website." In late 2005, Builder Magazine named Buena Vista the fastest growing builder in the U.S.