Home-building giant Lennar Corp.’s fiscal fourth quarter results on Thursday herald moderately good news for home buyers and the broader economy but a slightly less rosy outlook for the industry’s investors. Here are five things that Lennar’s results for its fiscal quarter ended Nov. 30 tell us about the broader new-home industry.
Fraud AlertThe real estate industry is experiencing unprecedented volumes of fraud. We highly recommend changing email passwords often to reduce the risk of receiving fraudulent emails. Prior to sending funds to Midland Title, always call us directly at 419-531-1192 to verify instructions.
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