Risk Factors Update Summary
- Increased competitive pressures expected to continue into 2024, impacting business revenues and margins.
- Tightened availability and affordability of mortgages as interest rates increase significantly in 2022 and 2023.
- Potential delays in land acquisition spending and increased competition for desirable land in 2024.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=795266&owner=exclude
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