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  • Warren Buffett's Berkshire Just Bought $600 Million in Lennar Stock as the Housing Market Weakens247wallst.com· 3d

    Mike Barrington reports for 247wallst.com that Berkshire Hathaway kept buying Lennar from mid-September into early November 2026, spending roughly $596 million in recent trades and lifting its stake to about 29 million shares — roughly 12%, worth about $2.2 billion — even as Lennar stock slid 28.63% over the year and its Q3 earnings missed with revenue down 8.52% to $8.05 billion. Among the signs of a weakening market cited: Freddie Mac's 30-year mortgage rate at 7.40%, existing home sales near a 12-month low, and analyst Charlie Bilello's report that over 14% of U.S. home purchases were canceled in September, while CEO Stuart Miller said nearly half of Lennar's visitors in many markets cannot immediately qualify.

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