Dive Brief:
- Analysts for broker Sterne Agee say they think D.R.Horton's Express Homes line of entry-level houses turned out to be well-timed, especially in the company's Southeast territory.
- Beazer Homes has a network of preferred mortgage lenders and is targeting entry-level buyers at the right time.
- MDC has six primary markets in the West where housing inventory is 3.1 months compared with a 5-month average in April nationally, and that should raise prices.
Dive Insight:
The conclusion by the Sterne Agee analysts is that factors the three builders have in place already will let them outperform the industry if the growth in single-family housing for the remainder of 2014 turns out to be muted.