""You've pointed it out-your data doesn't lie. Texas and Florida have been really tough [in 2025], and they were tough because inventory built. I think there was a lot of enthusiasm for the spring selling season that led to a lot of starts last fall and into the early part of the calendar year, [but] the demand didn't materialize.""
""I think long-term. Where's the job growth, where's the wage growth? I think that there are some supply and demand dynamics right now that are favorable in those places [in the Northeast and Midwest]. But when we're buying land, we're 2 to 4 years out from delivering.""
Beazer Homes CEO Allan Merrill emphasized the company's strategy to concentrate on growth markets in Texas, Georgia, North Carolina, and Florida. He noted that while these areas face cyclical cooling post-Pandemic Housing Boom, they are expected to experience long-term demand due to population growth. Merrill cautioned against making investment decisions based solely on short-term market performance, as conditions may change by the time new homes are delivered in 2 to 4 years.
Read at Fast Company
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