05.09.07

Lennar Homes Announces Layoffs

Posted in Uncategorized at 4:14 am by Lowey

Lennar Homes announced that they layed off 76 workers. Lennar Homes develops 2 housing developments in Loveland.  Analysts say that the layoff pulls them out of the slowing Northern Colorado market. According to Realtor Eric Holsapple, of the Northern colorado Economic Development Corp., the recent number of builders pulling out of the Northern Colorado market has impacted the market negatively. Local builders have been having a tough time competing against national builders' incentives and pricing.

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