Lennar Corp. reported a boost in net income, revenue and new home deliveries in the first quarter, as the housing market improves, Executive Chairman Stuart Miller said during an earnings call on Wednesday. The drop in mortgage interest rates and slowed growth of home prices benefitted Lennar and the new home market overall, Miller said. While the market “paused in the back half of 2018,” it corrected itself in the first quarter and is “now […]
source https://therealdeal.com/miami/2019/03/27/falling-mortgage-rates-give-lennar-a-boost-in-q1/#new_tab
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