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Austin has been the most impacted market in Texas, following back to back years of 40% plus appreciation and bidding more on available inventory.
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2022 Q2
3 Jul 23
Our category three markets, which reflect a more significant market softening and correction, includes seven markets. These include Raleigh, Minnesota, Austin, Los Angeles, The Central Valley, Sacramento and Seattle.
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2022 Q2
3 Jul 23
Our category two markets, which reflects a modest softening in pricing and a slowdown in the markets, includes 10 markets. These included Atlanta, Colorado, Charleston, Middle Beach, Nashville, Philadelphia, Virginia, the Bay Area, Reno and Salt Lake City. In each of these markets, traffic had slowed and we've seen an uptick in cancellation rates.
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2022 Q2
3 Jul 23
All of these markets are benefiting from extremely low inventory and many are benefiting from the strong local economy, employment growth and in migration.
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2022 Q2
3 Jul 23
During the second quarter and so far in June, we had 19 markets continue to perform well. These include our six Florida markets, New Jersey, Maryland, Charlotte, Indianapolis, Chicago, Dallas, Houston, San Antonio, Phoenix, San Diego, Orange County and the Inland Empire.
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2022 Q2
3 Jul 23
They really fall into three categories: one markets, reflecting [indiscernible] minimal impacts; two, markets reflecting modest impacts; and three, markets reflecting more significant impacts.
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2022 Q2
3 Jul 23
They really fall into three categories: one markets, reflecting [indiscernible] minimal impacts; two, markets reflecting modest impacts; and three, markets reflecting more significant impacts.
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2022 Q2
3 Jul 23
So far in June, new orders, traffic, sales incentives and cancellations have worsened in many of our markets due to a rapid spike in mortgage rates and headwinds from negative economic headlines.
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2022 Q2
3 Jul 23
While inventory is limited in each of these markets, we've had to offer mortgage rate buy-downs, base price reductions, closing costs, and other incentives to maintain momentum.
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2023 Q2
3 Jul 23
Our category two markets include Jacksonville, Ocala, Orlando, Gulf Coast, Northern Alabama, Atlanta, Virginia and Maryland, Chicago and Minneapolis, Nashville, Austin, San Antonio, Colorado, Tucson, Las Vegas, Cal Coastal, the Inland Empire, the Bay Area, Central Valley, Sacramento, Portland, Seattle, Utah, Reno, and Boise.
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2023 Q2
3 Jul 23
During the second quarter and so far in June, we've had 14 markets that are performing well. These include Southwest Florida, Southeast Florida, Tampa, Palm Atlantic, New Jersey, the Philly metro area, Charlie, Raleigh, Charlotte, Raleigh, and Coastal Carolinas, Indianapolis, Dallas and Houston, Phoenix, and San Diego. These markets are benefiting from low inventory and many are benefiting from a strong local economy, employment growth, or in migration.
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2023 Q2
2 Jul 23
In the second quarter, we did not have any of the category in three markets.
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2023 Q2
2 Jul 23
three, markets that require more aggressive pricing adjustments, incentives, and repositioning to regain momentum
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2023 Q2
2 Jul 23
this guidance should produce an EPS range of approximately $4.55 to $5.45 per share for the third quarter
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2022 Q2
1 Oct 22
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