Sun Belt housing markets are so weak that homebuilder Lennar's average home price is down 22%
Lennar is reducing its sales-over-margin push and trimming incentives to restore profitability after deep price cuts and record-high concessions eroded margins.
Here Come the Fed Rate Cuts-3 Stocks That Could Benefit Most
Federal Reserve cut 25 bps and signaled further cuts; falling rates and AI momentum favor stocks and create value opportunities such as homebuilder Lennar.
Billionaire purchases of stocks often signal investor confidence and can precede significant price gains, making those stocks potential buying opportunities.
Warren Buffett's Berkshire Hathaway Makes Major New Investment-5 Key Takeaways
Berkshire Hathaway invested over $991 million in Lennar and DR Horton, signaling confidence in a housing-market recovery and boosting their stock prices.