A vertically-integrated home development company engaged in the development, construction and sale of affordable entry-level, middle-income and upper-income housing in Mexico.
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You can gamble on when U.S. housing stocks will turn around or you can buy the leading Mexican
homebuilder on a dip and watch it grow. The goverment is trying to encourage Mexicans to buy houses and HXM (don't ask me to pronounce the company name) is expanding from focusing on relatively inexpensive homes ($40K) to homes for middle income folks and resort homes--thus expanding profit margins.