Posts with tag Lennar

Last week's news that sales of new homes dropped precipitously in May, combined with earnings statements that same week, propelled CEOs at top building firms to talk about what they see happening in the housing market as we head into the second half of 2010. Their words were surprisingly optimistic. New-home... Continue Reading »

Since almost the day they were born, suburbs have been criticized for their plain vanilla sameness. Is the downturn causing the landscape to become even more look-alike? Faced with declining demand for new homes and a glut of inventory, home builders are cutting house plans from their portfolios and standardizing on... Continue Reading »

The housing crisis is rippling through the construction industry, and not just in the form of shrunken revenues. Lennar Corporation, the Miami-based home builder, is reducing the number of home plans it offers in an effort to lower construction costs and appeal to local consumers. In a recent conference call, where Lennar... Continue Reading »