Buy The Dip In Lennar Stock?
1. Lennar's stock has declined 25% due to affordability issues. 2. Q3 FY2025 revenues fell 6%, missing analyst predictions. 3. Gross margins decreased to 17.5%, causing profitability concerns. 4. New orders rose by 12%, but profit margins remain strained. 5. High mortgage rates are pushing potential buyers out of the market.