M/I Homes Inc (MHO) Q3 2024 Earnings Call Highlights: Record Deliveries and Revenue Amidst ...

By Yahoo! Finance | Oct 31, 2024 at 03:27 AM EST

Schottenstein expects slight margin pressure due to increased rate buy-downs but believes margins will remain strong compared to peers. 40% of closings were from spec homes, and margins are robust across Smart Series and move-up products. Mortgage incentives drive sales but underlying demand remains solid.

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