Unsold completed new-build inventory is so high this $34B homebuilder is turning to investors
Briefly

Lennar has introduced the Investor Marketplace to target mom-and-pop landlords in response to an increase in unsold homes in softer markets. This platform allows investors to explore homes nationwide and access detailed metrics on potential rental yields. Users can manipulate key financial variables to evaluate returns based on different assumptions. The number of unsold completed single-family homes has escalated, reaching a projected high of 119,000 by June 2025, with varying levels of softness across different markets.
Lennar has launched the Lennar Investor Marketplace, allowing investors to browse new homes and make informed, data-driven decisions, amidst rising unsold inventory.
The investor site enables adjustments to expected monthly rent, down payment, and home price appreciation, allowing users to see shifts in return/yield.
Unsold completed single-family new constructions have reached a 15-year high, with projections suggesting 119,000 unsold homes by June 2025.
The increase in unsold inventory is not evenly distributed, with certain markets experiencing greater softness than others.
Read at Fast Company
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