At Atlanta's Beazer Homes, customer traffic has been on the rise, reflecting what its president and CEO, Allan Merrill, sees as "significant pent-up demand for new homes forming in many of our markets."Merrill noted during a conference call that, even as mortgage interest rates remain near record lows, that demand hasn't translated into sales. Still, Beazer expects to close more homes in fiscal 2012 than it did last year.
Homebuilders See Stable Housing Market Ahead
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