ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Bailout

: Calculated Risk

Lennar: June Home Sales off 20% to 25% from 2009

By Anonymous

ADVERTISEMENTS
From Bloomberg: Lennar Home Sales Down as Much as 25% in June as Tax Credit Ends, CEO Says (ht Brian)
Lennar Corp.?s home sales are down 20 percent to 25 percent this month compared with a year earlier ... Chief Executive Officer Stuart Miller said.

?The entire market knew there?d be a slowdown as we came off the tax credit,? Miller said on a conference call with investors today. ?It?s just that the reality of it doesn?t feel good.?

In June 2009, new home sales were at a 396K seasonally adjusted annual rate. This is just one home builder, but a 20% to 25% decline would put sales in June at about the record low level of May. This is almost certain to the worst June sales rate since the Census Bureau started keeping records in 1963.

Full post as published by Calculated Risk on June 24, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

House Closing
Sealing a home sale

Lawsuits and Settlements

Female Sales Reps Win Gender Case Against Novartis
Female Sales Reps Win Gender Case Against Novartis

YTB International
Sales Agents Seek Class Action

Ticketmaster
FacesThird Class Action Alleging Fraud Related to Ticket Sales

Coca-Cola Co.
has agreed to pay $137.5 million to settle a securities lawsuit claiming the company artificially inflated sales to boost its stock price.

Sales to Iran
Software company to pay $132,791 settlement in conspiracy lawsuit.

Consumer Funding
BlueHippo Funding agrees to set up $5 million restitution fund after modifying its computer sales program.

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0168 secs (new cache)