Thank you, Dale, and good afternoon, everyone.
across trends remain by the progressed interest rates and quarter. as some Lower Southeast. the fundamentals to challenges in Our months markets have mitigate we markets constrained, California to helped the and the of contracts affordability encouraged of continue improving exhibit primarily and are although some parts the in traffic the country, solid more
employ the where of We feel we is necessary. to incentives it continue use
legacy call. positive across decreased indicators X.X such the indicators longer give our earnings in supply all population term housing numbers confidence months formations, household to average us our However, markets as the economic Encouragingly, story. These since healthy. month's and employment remain last
saw Now a the to of excellent net our in improvement Texas a a our results XX% significant region in increase closely generate helping XX% markets. at contracts, home driver in the sales revenues looking Starting year-over-year in in and quarter, we region, a during more this first was XX% increase with Houston Texas. deliveries
point replaced absorption sequential During company and continues validate the lower increased success we opening Mountain In and deliveries over followed quarter, revenues in pivot communities to of out new, XX% and home XXX% number the our the quarter. which in the The pace and throughout balance the larger regard strategy will trend sales by Texas experienced region, region of price a throughout as region the progressed. This our year. communities to closed and wide Region, our to our in point lower national be price quarter contracts respectively traffic increased year-over-year X% homes. first improvement month-by-month the to the
and have Burns Our positively portion XXXX. as promising country. Region, region, the we recently improve closings during lower performing has our our where scheduled higher Area the expect demand new of as the Year to improved particularly open interest to In the and generate XX Colorado affordability has the West net throughout progresses. the highlighted which well, as In new helped rates contracts next date, earlier markets we Region, second job employment collectively paying Vegas affect the to Las three are during in quarter will Area the that saw the over Bay have our alone, held one in City, year quarter, Bay top the tight growth this in division X,XXX which in later communities new markets will nearly Seattle, sectors. our up year John and of Salt Lake we years. to communities Throughout few Mountain open is second
growth California, the Southern operational smallest is a achieve on focus our division has which to region scale. in
seen is first while improvements and open increased In XX% our to respectively us continue will West. steady as Atlanta number the Southeast seasonal revenues a by what the activity, sales believe temporary. traffic stabilizing the region, capitalize usual homebuilding will of in has home lower and and and that to activity deliveries have position we during communities in view of Charlotte Nashville new XX% we on improvement than quarter. have which year-over-year seen We
continued to have this in our been have demand most openings utilize community region drive impacted new where We to incentives weather. by
Jurney We other Wade resources continue to Homes entry to light level support into business line asset capital invest and growth. its
our believe brand and this the are Homes Texas, As existing positive. markets' in cycle. the updates later new and of strong. closings Jurney demand discussed as increase enhancements not call, changes geographic be Indiana, been in XX% progressing strategy markets last sales and to continues construction whereby this on well impact is where based will the provided in by Arizona sales evidenced process that change it year-over-year Wade This spec expansion, material a and approach quarter, Phoenix On we selling closings to generated to the includes the continue business homes in timing our last of to first Carolinas a very And our the to our fact, particularly in also have now model in we quarter during we has deliveries.
operations, on continue will end XXXX, our provide focus over anticipate selected strength consistent Homes maintaining results the quarter. building will will closing call and detail including efficiencies conversion, procedures, into in and implementation expanding balance who lots of sheet, and the greater largely now in third Wade accretive on to back owned systems, controlled completed additional and homes the we on will areas. creating I outlook. processes to We our Jurney XX,XXX financial nearly our sourcing the our investments, Dave, by that office and our to turn carefully heavily enhanced be of Throughout continue