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Housing rebound has a long way to go: Meritage CEO

Posted on 19 March 2013

The housing market is rebounding, but the new-home market still has a long way to go before it’s back to normal, Meritage Homes CEO Steven Hilton told CNBC’s “Squawk on the Street” on Monday.
“Our business has been strong,” Hilton said. “We’ve had very brisk traffic and sales activity across all our communities.” He also suggested that the third monthly drop in homebuilder sentiment reported by the National Association of Home Builders was inconsistent with business activity………………………………………..Full Article: Source


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