<ARTICLE>                     5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Condensed  Consolidated  Financial  Statements of the  Registrant  for the three
months  ended March 31, 1999 and is  qualified  in its  entirety by reference to
such Condensed  Consolidated  Financial Statements contained in the Registrant's
quarterly report on Form 10-Q for the quarter ended March 31, 1999.
</LEGEND>
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. Dollars
       
                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   MAR-31-1999
<EXCHANGE-RATE>                                1.000
<CASH>                                         3,056
<SECURITIES>                                       0
<RECEIVABLES>                                  8,345
<ALLOWANCES>                                       0
<INVENTORY>                                  210,505
<CURRENT-ASSETS>                             221,906
<PP&E>                                             0
<DEPRECIATION>                                     0
<TOTAL-ASSETS>                               269,970
<CURRENT-LIABILITIES>                         21,604
<BONDS>                                      143,504
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        0
<COMMON>                                         115
<OTHER-SE>                                    91,992
<TOTAL-LIABILITY-AND-EQUITY>                 269,970
<SALES>                                       92,832
<TOTAL-REVENUES>                              92,832
<CGS>                                         78,339
<TOTAL-COSTS>                                 78,339
<OTHER-EXPENSES>                              11,164
<LOSS-PROVISION>                                   0
<INTEREST-EXPENSE>                               403
<INCOME-PRETAX>                                3,163
<INCOME-TAX>                                   1,168
<INCOME-CONTINUING>                            1,995
<DISCONTINUED>                                     0
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                   1,995
<EPS-PRIMARY>                                  .17
<EPS-DILUTED>                                  .17