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Thursday, November 08, 2007

Comments

Toby

So would now be a good time to buy existing Lennar inventory in Austin? They seem to be offering deep discounts - is that seasonal or more than that?

Dee Copeland

Hi Toby,

I think the volume builders are hurting. One of the recent posts (October) was about builders treating agents and buyers nicely recently. They were getting pretty cocky there for a while, but now the ones who were not so nice are offering incentives and being flexible if you can get a loan.

Most builders are nice most times, by the way.

Scottsdale az real estate

So, I probably shouldn't purchase any Lennar stock? ;)

Dee Copeland

Ha! Well...I'm no Kramer, but I think a few choices can happen here. If Lennar's executive board remains strong and steady, their stock could be a great buy in the long term.

The truth is that they've been around forever and the market is scheduled for a comeback in 2008 nationwide. If Lennar can hold on through the rocky times and clean up their act, new stockholders could reap the rewards. On the downside, it can be a gameble

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