Posts Tagged ‘lennar’

Pending Home Sales Up

Pending home sales (contracts signed but not closed) rose 6.7% for contracts signed in April. The April reading was 90.3 versus 87.5 in March. Low interest rates, lower home prices and government incentives were all factors in pushing up the index. Of some interest was the geographical disparity in the numbers. From the National Association […]

Lennar Picks Calpers Pockets

Let’s see if this one gets by the politicians. It has all the earmarks of something that will make their blood boil. The WSJ is reporting that home builder, Lennar, is close to getting its hands on some land that it sold at the height of the market. In a smart move they sold their […]