Lennar warns of hurricane-related delays to new-home deliveries

FHFA adds to list of protected classes in inclusion rules Months after Palo Alto revised its zoning rules to encourage new housing in downtown and around. Others urged the council to do what it can to add housing. Economist Stephen Levy noted the recent.

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Similar delays in construction and selling are likely to be the most significant risks Lennar faces. Risk #3: Litigation risk. It’s a near certainty lawsuits will be filed, but with little success.

Lennar estimates that approximately 700 deliveries will be delayed in the fourth quarter due to the impact of Irma.. potential delays in new-home utility. also expects a hurricane-related.

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As the city just witnessed, flooding can, and does, occur in the New York metro area. Flooding is not covered under standard home and renters insurance policies, but is available from the National Flood Insurance Program. There is a 30-day waiting period for the coverage to take effect so don’t delay!

Lennar corporation (len) expects recent natural disaster to cause delay in home deliveries.

“So many builders are offering discounts and incentives that buyers have not only come to expect them, but they’ve elevated them to a position of utmost importance,” warns Bob Shultz, a Florida-based new home sales consultant.

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Lennar says hurricanes will delay hundreds of new home deliveries. However, the hurricane impacted 120 new home orders and deliveries in the fiscal third quarter ended aug. 31, and it will likely impact 130 new home deliveries that were scheduled for the fiscal fourth quarter ending Nov. 30.