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Investor's Business Daily: Home Improvement: Lennar's Q2 Earnings Seen Up 143%

By Kevin Harlin. Signs are mounting that the struggling U.S. housing market is on the mend. Analysts expect that to show up on stronger revenue and profits for homebuilder Lennar (LEN), which reports second-quarter earnings Wednesday morning.

June 26, 2012

..."I feel reasonably good about housing for the first time in a long time," Richard Green, director of the University of Southern California's Lusk Center for Real Estate, said in a statement."Inventories are way down, prices are very attractive relative to interest rates, and in 85% of markets it is better to own than to rent."

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Link: Investor's Business Daily