Calabasas, Calif.-based Ryland Group has posted a net loss of $19.1 million for its fourth quarter ended Dec. 31, 2010, compared with net earnings of $39.0 million for the same period in 2009.

Home-building revenues were $221.1 million for quarter, down 45.5% from $405.3 million for the same period in 2009. This decrease was primarily due to a 45.4% decline in closings, totaling 909 units for the quarter, compared with 1,666 units for the same period in 2009.