HousingWire looks into the “small blimp of potential” from Lennar’s recent launch into the single family for lease business.
"Assuming the Frontera neighborhood was/is a slow-selling neighborhood, we believe repurposing it may be a wise business move since first-time mortgage availability remains constrained versus historical norms. We will look for more color on Thursday's call about this new business line," Sterne Agee analyst Jay McCanless tells HousingWire.