Says economic environment remains ‘very constructive’ for homebuilders. Says lower interest rates ‘likely to accelerate demand’. Says lower rates may stabilize consumer confidence. Says demand ‘has been and should remain strong’. Says ‘very optimistic road ahead appears very positive for homebuilding business.” Says market for new homes remains consistent. Says asset-light, land-light strategy is evolving. Says still going through FTC confidential review process for spinoff. Says balance sheet will remain ‘very strong’ after the spinoff. Comments taken from Q3 earnings conference call.
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