Insider Q&A: Ryan Marshall, president and CEO of PulteGroup

2016 is shaping up as another solid year for the new-home market, as a stable job market and low interest rates help spur new-home construction to its highest level since before the Great Recession. These trends are helping big homebuilders like Atlanta’s PulteGroup to thrive. PulteGroup’s profit jumped 24 percent through the first nine months of 2016 versus a year earlier, and sales rose even faster. Yet new-home sales are running below their historic averages as housing continues to heal from the foreclosures and disruptions that led to the Great Recession at the end of 2007. Chief Executive Ryan Marshall took over PulteGroup’s top job in September, after more than 15 years with the builder. He spoke recently with The Associated Press about the builder’s outlook for 2017, as well as how millennials’ delayed entry to the home buying market is shaping the industry. Questions and answers have been edited for length and clarity:

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