Lowe4Mayor

I hate to say I told a ya so but….
I have tirelessly pushed for our city to have economic diversity and my words feel repeatedly on deaf ears. No the issue is raising its ugly head again. The developer names aside, the warning signs are on the wall!!

“Once a pillar of the Sunshine State, Florida's housing market is now facing a deepening crisis. The state's leading homebuilders, D.R. Horton and Lennar, are feeling the heat as their stock prices slide amid a sluggish housing market. A combination of high interest rates, soaring insurance rates, and escalating supply and labor costs fuels the crisis with no end in sight.”

Florida Housing Crisis Hits D.R. Horton & Lennar | Edmond Thorne | NewsBreak Original D.R. Horton and Lennar Homebuilders Face Stock Price Slump Amid Florida's Housing Crisis. Broward County, FL. - Once a pillar of the Sunshine State, Florida's housing market is now facing a deepening crisis. The state's leading homebuilders, D.R. Horton and Lennar, are feeling the heat as their stoc...