25.05.2012 - 11 more hard facts about the housing recovery

Real Estate Recovery Fact #1: Better-than-expected homebuilder profits. On March 27, Lennar Corp. – the nation’s second-largest homebuilder – beat analyst expectations for earnings by 100%. New orders increased 33%. Backlog grew 39%. And total sales rose 30%. Real estate recovery fact #2: Improving Builder Sentiment. With homebuilders putting up better results, we’d expect their outlook to be rosier. And it is...............................................Full Article: Source

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