Lennar Corp., seen as a bellwether for the U.S. housing market, is actually seeing some benefits from the pandemic. The Miami-based homebuilder’s executive chairman Stuart Miller said on its earnings call on Tuesday some buyers from the urban core are seeking out Lennar’s suburban homes. During a conversation with Lennar’s Southeast Florida division president, Carlos Gonzalez, Miller said “31 percent of his (Gonzalez’s) sales have come from the City of Miami to the suburban areas.
source https://therealdeal.com/2020/06/16/the-pandemic-has-brought-a-silver-lining-for-lennar/
No comments:
Post a Comment