Lennar’s third-quarter profit fell by more than half from a year ago, and the homebuilder cut its full-year delivery target again as higher mortgage rates and worsening affordability slowed buyers across its markets.The Miami-based builder reported net earnings...
Lennar is lowering its 2026 home-delivery target again as higher mortgage rates, strained affordability and weaker consumer confidence put fresh pressure on one of the nation’s largest homebuilders. The Miami-based builder reported third-quarter net earnings of $284...
Lennar Corp. (NYSE: LEN) announced the grand opening of Prentis Branch, a new community of single-family homes in Rome, Georgia. According to the company, the Prentis Branch residences range from 1,274 to 2,023 square feet with three to four bedrooms and two to...
Lennar Corp. (NYSE: LEN) announced the debut of three townhome communities in the Fort Myers and Cape Coral markets in Southwest Florida. The communities are Palmetta Pines Townhomes in Northeast Cape Coral, Cielo Mar Townhomes in North Fort Myers, and Orange River...
The homebuilder Lennar Corp. (NYSE: LEN) announced the grand opening of Roselyn, a new 55+ master-planned community in Lancaster, South Carolina. Roselyn encompasses three of Lennar’s single-story collections – Garden, Blossom and Primrose – with home designs...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
