Tag: us homebuilders

Lennar Acquires More Than 450 Homes And Buildable Home Sites From Orleans Homes

Lennar Corporation (NYSE: LEN and LEN.B), one of the nation’s largest homebuilders, announced today that it has acquired more than 450 homes and buildable home sites from Orleans Homes. Financial terms of the transaction were not disclosed. Lennar’s acquisition includes homes that are in various stages of construction and buildable lots in eight existing residential…

US builder confidence at highest level in 5 years

By CHRISTOPHER S. RUGABER | Associated Press WASHINGTON (AP) — Confidence among U.S. builders rose to the highest level in five years in May, a hopeful sign that modest improvement in the housing market will pick up. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 29 in May. That’s the highest…

US homebuilder outlook unchanged near 4-year high

US homebuilder sentiment unchanged in March but future outlook improving ahead of spring  By Derek Kravitz, AP Real Estate Writer | Associated Press WASHINGTON (AP) — Homebuilders’ feelings about the current housing market haven’t changed from February. But many are growing more optimistic that sales could pick up in the coming months. The National Association…