Jay McCanless

“Y'all talked a little bit about the cost of mortgage rate buy-downs moving up. Is there any way to quantify that, and maybe what are you seeing so far in September?”

“And then the next one I had, you said that you're seeing at the beginning of the prepared comments that you're seeing better opportunities for land deals, maybe a little more rational in terms of pricing.”

“Several of your peers on their conference calls have recently talked about underwriting for first move up, maybe second move up land coming in more favorably than entry-level lots at this point.”

“So my first question, nice to see the backlog price up year on year for the first time in several quarters. I guess Is that just a function of mix, or were you guys able to find some pricing power in some of these markets?”