Lennar’s new orders fell 48% from the prior-year period to 5,804 homes, while cancellations rose three percentage points from the second quarter to 32%.”

September 26, 2007 by
 
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John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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