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Taylor Morrison to open 150 new communities nationwide

By Angela Gonzales | Phoenix Business Journal

Taylor Morrison Home Corp. (NYSE: TMHC) is on track to open 150 new communities in its markets nationwide, including in metro Phoenix.

“We have a good appetite for new land,” Sheryl Palmer, chairman, president and CEO of the Scottsdale-based homebuilder, told analysts during a fourth quarter earnings call on Feb. 10. “Having said that, we’re going to underwrite it the right way. We have sold at a much faster pace, and we’re not going to be able to replace those communities any quicker.”

Read the full subscription story from the Phoenix Business Journal.

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