D.R. Horton says customers reacting very positively to incentives

Says Florida market still feels good. Says back to normal in terms of inventory turns. Says multifamily platform continues to grow. Says sees prospects for cash flow on a consolidated basis to be increasing into 2025. Says seen a period of volatility in rate environment over the last week. Says pleased with gross margins this quarter. Says moves rates along with the market. Says customers reacting very positively to incentives offered. Comments taken from Q2 earnings conference call.