PulteGroup CEO Sees Continued Housing Demand Despite Rate Cuts
- PulteGroup CEO doesn't expect "tidal wave" of homes on market as rates decline
- Homebuilder benefited from low resale inventory as rates kept buyers and sellers out
- Expected Fed rate cuts won't "start to free up" much more resale inventory
- PulteGroup saw jump in 4Q orders as rates softened, underscoring housing demand
- Builder not changing incentive strategy despite debate over pulling back rate buydowns