Taylor Morrison Beats the Street with 3Q 2014 Earnings
Taylor Morrison reported strong 3Q 2014 earnings. Notably, the company has been pursuing the top-end of the market in Southern California and has been among the most aggressive buyers of well-located, albeit expensive, land positions including the Marblehead property in San Clemente. With improvements in many key metrics including community count, sales, backlog and closings, the high-end strategy seems to be paying off relative to its peers.
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