For the third quarter, the company anticipates delivering between 1,000 and 1,100 homes at an average sales price between $690,000 and $700,000. The company expects homebuilding gross margin percentage to be in the range of 21.0% to 22.0% for the third quarter and anticipates its SG&A expense as a percentage of home sales revenue will be in the range of 12.0% to 13.0%. Finally, the company expects its effective tax rate for the third quarter to be in the range of 26.0% to 27.0%. For the full year, the company anticipates delivering between 5,000 and 5,300 homes at an average sales price between $690,000 and $700,000. The company expects homebuilding gross margin percentage to be in the range of 21.5% to 22.5% for the full year and anticipates its SG&A expense as a percentage of home sales revenue will be in the range of 10.5% to 11.5%. Finally, the company expects its effective tax rate for the full year to be in the range of 26.0% to 27.0%.
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