Despite an increase in housing market inventory, D.R. Horton CEO Paul Romanowski emphasized that the majority is overpriced or not in affordable price points. He stated it would take significantly more homes to impact sales.
Romanowski expressed confidence in Florida's market despite rising inventory, citing stable insurance rates for new construction homes off the coast. Their focus remains on affordable price points in Florida.
#housing-market-inventory #affordable-price-points #florida-real-estate #homebuilders #mortgage-rates
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