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With stocks surging, U.S. homebuilders are pouring their money into the Bay Area, with Lennar leading the pack

San Francisco Business Times
January 20, 2017

Strong buyer demand and the prospect of looser federal regulations since Donald Trump's election to the White House have spurred stock prices for the nation's largest publicly traded homebuilders — and the Bay Area is reaping the benefits.

The post-election rally added roughly $6 billion in market value to the sector's biggest stocks between Nov. 9 and Jan. 18, and it promises to fuel homebuilders' already concentrated — and expanding — investment in much of the Bay Area. The nation's largest publicly traded homebuilder, Lennar Corp., poured billions into the region as the rally continued.

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Author: Gene Kim

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