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Is THERE a BUBBLE in the HOUSING MARKET Form

Is THERE a BUBBLE in the HOUSING MARKET Form

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lenar the second largest home builder in America is dramatically slashing the price on their homes in 2024 with the average selling price on lenar homes down 16% from Peak Across America and as much as 23% from peak in markets like Texas and in some cases lenar is now selling Homes at an even cheaper price than they did before the pandemic indicating a huge correction in the market and one that you need to be track tring if you're a home buyer or investor as you can see folks lenar is the second largest home builder in America by volume they produce about 60 to 70,000 new homes a year they're second to DR Horton in total production and they're just behind DR Horton on Revenue so what lenar does is a huge indication of what's going on in the market more broadly the market which is seeing more and more dramatic price reductions this spring for instance take a look at this house in San Antonio it's a lenar build 4 bed 3 it was built in 2022 it's on the market now for $24,000 or only $100

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