Lennar reports untempered demand for new homes in Q3
The pandemic hasn’t kept Americans from buying new homes, as Lennar Corp. reported earnings, orders and deliveries rose in...
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Developers bet big on build-for-rent in these uncertain times
Since moving from an apartment building in Allen, Texas to a two-bedroom house in nearby McKinney in April, Joy...
Thanks, millennials: Younger generation props up mortgage market
The purported laziest generation in history is propping up the mortgage market. Millennials made up 61 percent of home...
Doctor’s orders: developers increasingly tap medical experts, amenities
Amid the coronavirus pandemic, wellness services at developments have expanded to include an array of medical amenities, and gone...
Pandemic takes a Toll: Builder’s profits drop 42%
As coronavirus battered the residential market, Toll Brothers said its second-quarter profits dropped nearly 42 percent from a year...
TRD Insights: Homebuilder confidence rebounded in May
Homebuilder confidence in May improved from horrible to merely bad. The National Association of Homebuilders/Wells Fargo preliminary Housing Market...
US is short nearly 4M new homes: report
The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed...
Foreclosures nationwide fell to 15-year low in 2019
Vulture funds and homebuyers seeking distressed properties at bargain-basement prices may have to keep waiting. Last year saw the...
Lower-priced home sales drive Lennar’s Q4 revenue
Despite past indicators of a housing market slowdown, Lennar Corp. reported an uptick in fourth-quarter sales, as it pushes...
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