In case you have not heard, Lennar Homes purchased CalAtlantic Homes for an estimated $9.3 Billion deal. This will make Lennar Homes for LARGEST home builder in the nation. Over the years I’ve been through a lot of these mergers and buy-outs. So if you are in the process of building with Lennar or CalAtlantic Homes this buyout should have no effect on you or your decision. Of course, I am not speaking for Lennar or CalAtlantic. Enjoy the video.
Hi everyone. This is your Tampa Bay real estate agent Lance Mohr and hot off the press when Lennar homes is buying Cal Atlantic Homes and I’ve been telling some people today already that I’ve been talking to who are Cal Atlantic future home owners about this and the question is really coming to mind that is going to affect me as it can affect my warranty. What happens when I close the home and I tell them is pretty much no because I think through this before, remember a couple years ago Ryland did Standard Pacific merged and then years ago Lennar ended up buying US Home so it really does not have any effect. I mean when it comes to the warranty and how things are done once the acquisition is complete and they buy Cal Atlantic, things are going probably change more internally. They are two completely different builders but both very very good builders for different reasons.
I mean how they negotiate contracts is completely different. You know, how they pay attention to the attention to detail outside the home, inside the home and behind the walls is completely different on both builders but again they’re both very very good builders and this is good. I was happy to hear this because right now as it sits DR Horton is going to probably be the number one builder in the nation. Lennar will be the number two builder, Pulte the number three and Cal Atlantic will be number four so I’m certainly glad that it’s Lennar that’s buying Cal Atlantic over say DR Horton or Pulte.
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So anyhow, if you have any questions let me know. If you have any questions on Lennar Homes or Cal Atlantic homes or a lot of the builders check out my reviews. I’ll put a link above here on new home builders and you can watch the reviews and don’t forget to watch all my new homes videos. I have a ton of videos. It will save you a bunch of time, bunch of money and get you really well educated so you could make knowledgeable decision moving forward for you and your family. I wish you the best of luck. If you have any questions let me know give me a thumbs up. If you like these videos and don’t forget to subscribe. Have great day!