LEN
Lennar Navigates a Challenging Q4: Interest Rates, Affordability, and the Future of Homebuilding
The fourth quarter of 2024 marked a difficult period for Lennar, as interest rates declined approximately 100 basis points through the quarter, further exacerbating affordability challenges. In his introductory remarks on the company's recent conference call, Executive Chairman and Co-CEO Stuart Miller acknowledged that sales stalled at existing