M2E client Lennar has 47 percent increase in home sale profits
Severe weather conditions in the Northeast and Midwest caused new home home sales to drop, however M2E’s long-time client Lennar was not affected. The company declared a revenue of $1.64 billion at 50 cents per share after the report released in February. The reported average is 45 cents per share and $1.49 billion in revenue. This illustrates the housing market is indeed gradually recovering.