《海南省土地储备管理办法》12月1日起施行 完善土地储备制度助力自贸港建设 海南日报讯(海南日报全媒体记者 孙慧 通讯员 尹建军 陈彦宇)近日，《海南省土地储备管理办 法》(以下简称《办法》)经海南省人民政府常务会议审议通过并正式公布，该《办法》将于12月1日起 正式施行。此举旨在适应新形势下土地储备工作的需要，完善土地储备管理制度，提高政府对土地市场 的调控和保障能力。 自2006年我省出台《海南省土地储备整理管理暂行办法》并于2021年修正实施以来，该办法在加强 土地储备管理、为海南自贸港建设提供用地保障等方面发挥了积极作用。然而，近年来国家对土地储备 管理工作提出了更高要求，新的法律法规增设了土地储备与文物保护衔接的工作机制，各市县对储备土 地的临时利用和管护也有了新需求。在此背景下，制定《海南省土地储备管理办法》迫在眉睫。 《办法》内容涵盖多个关键方面：在储备土地权利登记上，明确无需办理国有土地使用权首次登 记，不得办理不动产抵押登记;强调土地储备工作的计划性，明确收储方式、程序和入库条件;建立土地 储备与文物保护衔接机制，新增考古前置条款;细化储备土地管护职责，明确管护主体和禁止行为;完善 临时利用 ...

Financial Data and Key Metrics Changes - PulteGroup generated third quarter home sale revenues of $4.2 billion, down 2% from $4.3 billion in the same quarter last year [13] - Operating margins for the third quarter were 16.8%, with a return on equity of 21% for the trailing twelve months [4] - Net income for the third quarter was $568 million, or $2.96 per share, compared to $698 million, or $3.35 per share, in the prior year [20] - The company reported a third quarter gross margin of 26.2%, down 80 basis points from Q2 [17] Business Line Data and Key Metrics Changes - Net new orders totaled 6,638 homes, a 6% decrease year-over-year, with a 10% decrease in absorption pace [11] - Active adult business saw a 7% increase in net new orders, representing 24% of Q3 net new orders [12] - First-time buyer orders decreased by 14%, while move-up business orders were down 3% [12] Market Data and Key Metrics Changes - The company operates across 47 major markets, with demand conditions varying by market and buyer segment [5] - Florida operations showed a 2% increase in net new orders compared to the prior year, indicating stabilization in demand [26] - Consumer demand in Texas and Western markets remained soft during the third quarter [27] Company Strategy and Development Direction - The company is focused on aligning production levels with sales volumes, starting 6,557 homes in Q3 to match sales pace [9] - PulteGroup plans to invest approximately $5 billion in land acquisition and development, down 5% from last year [10] - The company is capitalizing on the Del Webb brand through new Del Webb Explore communities aimed at Gen X buyers [6] Management's Comments on Operating Environment and Future Outlook - Management noted that buyer response to decreasing interest rates has been muted due to economic concerns [8] - The company remains optimistic about future demand, contingent on improved consumer confidence and economic conditions [25] - Management acknowledged the structural housing shortage in the U.S. and the need for coordinated efforts to address it [28] Other Important Information - The company repurchased 2.4 million common shares for $300 million in Q3, with $1.3 billion remaining under the share repurchase authorization [20][21] - SG&A expenses for Q3 were $401 million, consistent with the prior year [19] - The company ended the quarter with $1.5 billion in cash and a debt-to-capital ratio of 11.2% [24] Q&A Session Summary Question: Dialogue with FHFA and administration regarding housing - Management emphasized the complexity of the housing issue and the need for a coordinated effort to address the structural housing shortage [32][33] Question: Strategy on spec production - Management clarified that the increase in spec production is a response to current market conditions, aiming to align starts with sales [34][35] Question: Demand stabilization in Florida and Southeast - Management confirmed stabilization in demand in Florida and the Southeast, attributing it to desirable locations and favorable tax policies [39][40] Question: Incentives and their impact - Management explained that incentives are primarily reflected in the average sales price and that financial incentives make up about one-third of the total incentive package [63][64] Question: Impact of lower development costs on P&L - Management indicated that lower development costs would impact the P&L in 9 to 12 months, potentially benefiting lot cost inflation in 2026 [85][86]