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have our Spanish. sites job also have We materials partners trade materials provided to in distributed English and posted flyers with educational our on and
and and We our members job work construction distancing for have sites care of social assigned protocols. to monitor customer teams regularly
to curve. private galleries the flatten to since appointment-only our critically part Our It proactive new home by be important mid-March. do have is been opened to
digital program. We have also accelerated our sales
information, adapted community own online process we interactive invested we technology these leverage environment. sales, from and new usage era in than the in of in our anticipation interact have the consumers to from digital already in with online, company before, further have appointments applications Aside in comfort current safety tools, heavily allow Buyers their take tours, self-schedule a -- more and accelerated and sales virtual of design team, COVID-XX, the that homes. online go our sales of and our much ever the including access studio, can platforms detailed online
allows ways for that in to also buyers the on close their interaction. technology in-person Our homes need limit
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we What more a year, higher originated this is number online last appointments response prospects. higher of time importantly, of seeing are than in quality and
basis underscore year-over-year our specifically, period respectively, end gross backlog the guidance range percentage year-over-year our industry, While a and time the of while our mentioning strength on a of grew of of XX% XX%, to virus, margins into basis. in I for impact our realize the XX.X%. SG&A and that high unaffected sales and as Unit at the we Home revenue improved a points XX%, quarter company at head results this came XXX largely XX.X%, period they bear represent first-quarter uncertainty. by to orders of only as deliveries, the
We of average improvement sold XXXX. an of per pace XX% X.X a community per month, first the sales at quarter homes over representing
home typically with work earlier, for finding referenced buyers homeowners. I closing are we for and are open qualified. selling, building and new are Pointe new well success business we motivated homes protocols, As TRI Group's
TRI of buyers average As of XX% average of ratio with backlog, total Connect, loan-to-value of representing our company, debt-to-income buyers XX% score mortgage have over financing our April and XX%, FICO and an have affiliate XX% our a XXX. Pointe of X, backlog our
the us gives our quality in the in environment. This backlog of current confidence greater
disciplined facilitating to new implemented assess of homes. thereby risk We the construction also practices our issue a have approach management timely on starts focus resolution, backlog to and sold
new cancellations month-to-date, we net representing April X,XXX backlog. XXX April, and started gross in X% with month XX had orders, the homes, orders. current recorded XXX added have less homes backlog, than closed have of in the XXX We far, So of
two Several Lario, types appointments the notable success in private conducted March, in late master-planned master-planned person. Gilbert, net in have the Arizona, in this Washington, opening far. product Waterston, Bellevue, occurred just three And Atwell townhome opened in Banning, XX. weekend, have accomplished a XX in community since a virtually orders garnering achieved or on orders early seven achieving order community since by openings first community March scheduled orders XX past community April. neighborhoods thus California, opening
solid product premium to on focus which the is believe indicative and emphasizes technology. is customer our by navigate brand position We strategy, ongoing TRI design, our brought new innovation reality success order our in believe pandemic. this We the utilizing the Group on in of Pointe a latest
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important One we've maintain a a decisions to of slowdowns. most the made sheet of make continue and well-capitalized economic priority event in strategic the balance is to
quarter ratio XX.X%. a a first of debt-to-capital the debt-to-capital and ended of ratio XX.X% We with net
cash of the cash available remaining our at million liquidity and equivalents on the period with and at stood total million revolver. $XXX $XX million Our end $XXX in
have the available revolver a foreseeable have intend ample it and we would continue err rather future, we priority our to a around significant of step of to like put to this, uncertainty of have and the a liquidity. on and capital on the during accessing on times we we funds of until While for took and to markets. is defer Cash market, net of clarity the acquisitions operations side have on minimize we the under land the portion liquidity more the lending company's fund caution prudent to the impact hand due expenditures our COVID-XX to capital
the believe in on this. the opportunities to to of there key right behind in are Pointe prioritize other to for We ahead weather technology strategy, storm. that of of kind the the trends share in the remain to to innovative be the once will curve well-capitalized people, that market that to accelerate confident that is investing financial and us. builders TRI in market pandemic side adapting take We were likely technology strength place is Group We current the has
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