#homebuilding-strategy
#homebuilding-strategy
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fromwww.housingwire.com
2 months agoHovnanian recalibrates amid a shift to a higher-margin mix
K. Hovnanian, remaining committed to a pace-over-price philosophy, relied on heightened incentives to clear inventory, pushing homebuilding gross profit margins to 13.4%, 490 basis points lower than a year earlier. The comparison is difficult, mainly because we've offered even greater incentives this year to maintain sales pace, which has driven much of the year-over-year decline in profit.
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fromwww.housingwire.com
4 months agoBeazer taps Howard Heckes for board; Danny Shepherd retires
Beazer Homes added Howard Heckes to its board for building-materials and leadership expertise while Danny Shepherd will retire; the company maintains focus on energy-efficient, zero-energy-ready homes.
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