As everyone knows, "location, location, location" is key, so Centex Homes doesn't limit itself to just Texas. The main operating subsidiary of Centex Corporation, Centex Homes is one of the largest homebuilders in the US. It operates in approximately 75 markets in more 20 states, primarily targeting first-time and move-up buyers. Brand names include Centex Homes, Fox & Jacobs Homes, and CityHomes. Centex homes range in price from about $65,000 to $3 million. Like other builders, the company has seen its closing numbers plummet in the economic downturn. It sold some 14,500 homes in fiscal 2009 -- about half of what it sold in 2008. Rival Pulte Homes is buying Centex for $1.3 billion in stock.