Beazer Homes Investigated For Offering Discounts

Beazer Homes USA, which is under investigation in North Carolina, will continue offering discounts to move inventory in a sluggish housing market.

But chief financial officer Allan Merrill told an investor conference in Orlando, Fla., that financial and internal troubles aren't forcing the company into a fire sale. Merrill says there are bargain hunters in every market the company serves, but that doesn't mean drastic price cuts.

Merrill told the Bank of America Securities Credit Conference that Beazer has good positions and poor positions in varying markets that could allow for different pricing strategies.




 
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