President and Founder Nick Giacoumakis returned to Fox Business Network to discuss why he is bullish on the homebuilding sector with Liz Claman. During the appearance Nick explained, “The homebuilding sector is poised to have a good two to three years. The simple reason being demographics. If you look at what is happening, the whole curve of Millennials are starting families and having kids, they are looking to get out of the big cities.” He also points to the fundamental reason that demand is outweighing supply five to one and expects that trend to stay intact for the foreseeable future.
The full segment can be viewed here.