Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / LEN - LGI Homes Is Investing In Growth As Rates Rise

LEN - LGI Homes Is Investing In Growth As Rates Rise

Lennar Corporation Class A
  • The ~35% fall for LGIH this year, like many homebuilders, is due to surging mortgage rates.
  • There are few signs of cooling sales so far and rental prices have also surged showing strong fundamental demand.
  • Higher house prices plus mortgage rates surging past 5% are quickly creating an affordability crisis that will eventually slow demand.
  • Valuations for LGI Homes price in these problems, but other homebuilders have similar ratios and lower leverage levels.

For further details see:

LGI Homes Is Investing In Growth As Rates Rise
Stock Information
Company Name: Lennar Corporation Class A
Stock Symbol: LEN
Market: NYSE
Website: lennar.com
Menu
LEN LEN Quote LEN Short LEN News LEN Articles LEN Message Board
Get LEN Alerts

News, Short Squeeze, Breakout and More Instantly...