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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