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Lennar's average sales price of $430,000 for the quarter fell from $441,000 a year earlier, owing to adjustments in prices caused by an increased use of incentives and a changing product mix.
The 2025 activity is concentrated 30% in markets where Lennar has existing operations and 70% in new markets where Lennar will take advantage of Rausch Coleman's exceptional reputation and well ...
High rates have prompted builders to offer a variety of incentives from mortgage rate buydowns to price reductions. Lennar cut its average sales price to $413,000 during the quarter, an 8% drop ...
An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [228] In September 2023, Party City exited bankruptcy with a billion reduced in debt. [ 229 ] Over a year later, reports emerged that Party City was struggling to maintain operations and actively mulling over a second bankruptcy filing, [ 230 ...
Lennar's (LEN) land investment plan and dynamic pricing are likely to help it gain in the future. However, higher costs and incentives are risks. Lennar (LEN) Core Homebuilding Business Solid Amid ...
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Lennar's adjusted earnings per share came in at $2.94, beating the $2.31 estimate by analysts. ... incentives, including rate buydowns and production costs in order to enable customers to afford ...