CONSENT OF KPMG PEAT MARWICK LLP


The Board of Directors
Monterey Homes Corporation:

We consent to the use of our report included  herein and to the reference to our
firm under the headings and  "Experts"  and  "Selected  Financial  and Operating
Data" in the prospectus.


KPMG Peat Marwick LLP


Phoenix, Arizona
June 19, 1997