Exhibit 99.1
Hurricane Harvey Impact on Houston


Unprecedented flooding -- situation is fluid and will be for some time
Houston Division offices and communities closed for one week
Minimal property damage to few homes in active communities
All but one community opened for business by 9/1; last one opened 9/6
Sales, construction & closings resumed, but experiencing general delays
Monitoring for potential labor and/or material shortages or price increases, but too early to project
Tens of thousands of housing units in Houston will need to be replaced

harvey.jpg