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On the onset of Lennar’s fiscal fourth-quarter earnings call, Lennar Executive Chairman Stuart Miller painted a pessimistic near-term view on United States residential construction, saying that ...
A Cooley home at Elm Trails is listed on Lennar’s website for a cool $131,000 — a price point that faded from the San Antonio market for newly built stick-and-frame homes. “It’s just amazing.
Lennar, the second largest home construction company in the United States, said it expects deliveries between 20,000 and 21,000 homes for its fourth quarter with gross margins between 26% and 27%.
Lennar, one of the nation’s largest home builders, is behind a development in Texas — which has raised questions online related to the homes’ size and costs.