It is amazing to see how well Lennar (LEN) has performed relative to its peers.  Today the company reported extremely strong earnings.  Some of the highlights are the following: Deliveries up 20% from 1 year ago. New orders up 40% from 1 year ago. Backlog up 61% from 1 year ago. Operating margin improved 480...Read More

There were positive signs in the data for pending sales of U.S. homes and durable good orders, which are a welcome relief from the recent data which has been quite poor.  There is no doubt that if the U.S. economy is to outperform expectations housing will be a key cog in doing so.  Sentiment amongst...Read More

Today Lennar reported revenue numbers that were quite strong.  This report seems to be quite different than what KB Homes reported last week, which is exactly what KB’s management discussed last week by saying that most of their problems were internal, or were the result of their mortgage affiliates struggles to get deals done.  Lennar...Read More