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Posts related to ‘Housing’

Housing Starts Take A Beating

Posted: April 17, 2012 at 8:44 am

More evidence that the housing market's recovery is waiving if it exists at all. The Commerce Department released data that showed an unexpected drop in housing starts.  Builders are current ...
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Apollo Residential Mortgage More Than Doubles Size In Offering (AMTG)

Posted: April 17, 2012 at 7:41 am

Apollo Residential Mortgage, Inc. (NYSE: AMTG) is using some recent strength to sell more shares.  The problem is the size of the offering at 13.9 million shares.  At Monday's closing ...
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Fears of a New Housing Peak? (LEN, KBH, DHI, PHM, TOL, HD, LOW)

Posted: April 16, 2012 at 12:17 pm

The housing market is supposed to be doing better and the lack of a new recession is supposed to have helped to put in a floor under what had been ...
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Homebuilder Cuts Dividend (KBH)

Posted: April 13, 2012 at 7:13 am

KB Home (NYSE: KBH) announced late yesterday that the company’s quarterly dividend for its second fiscal quarter ending in May will be reduced from $0.0625 to $0.025. In the announcement, ...
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Ally Financial Still Plans IPO

Posted: April 12, 2012 at 10:08 am

Ally Financial Inc. is still planning to conduct its initial public offering.  A fresh amended filing from this morning shows that Ally plans to sell up to $100 million in ...
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Foreclosures at Five-Year Low: A False Positive

Posted: April 12, 2012 at 6:33 am

RealtyTrac, which puts out one of the most closely followed reports on national home foreclosures, said the rate of foreclosures reached the lowest level in 56 months during March. The ...
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Fed’s Beige Book Highlights

Posted: April 11, 2012 at 2:16 pm

The so-called Federal Reserve Beige Book is out and there is some good news and bad news here for bulls and bears alike.  The bad news as far as the ...
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The Ongoing Case For Mattress Firm (MFRM)

Posted: April 11, 2012 at 12:12 pm

Mattress Firm Holding Corp. (NASDAQ: MFRM) is turning out to prove that there is money under mattresses other than just those who fear that they have to hoard cash.  The ...
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Mortgages Harder to Get (ELLI)

Posted: April 4, 2012 at 12:32 pm

What was once considered an excellent credit score now disqualifies a borrower from obtaining a mortgage. The COO of mortgage industry services provider Ellie Mae (AMEX: ELLI) put the issue ...
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States Battered By Housing Show Some Improvement

Posted: April 4, 2012 at 10:14 am

Some of the states which had the largest drop in home values during the housing market collapse have begun to recovery at a rate better than the national market. It may ...
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Mortgage Applications Rose Last Week

Posted: April 4, 2012 at 8:01 am

For the first time in seven weeks, the number of mortgage applications has risen from the previous week’s total according to the latest data from the Mortgage Bankers Association (MBA). ...
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Apartment Vacancies At All-Time Lows

Posted: April 4, 2012 at 6:36 am

Apartment vacancy rates rose to their lowest level since 2001, according to research firm Reis Inc. Part of the reason is an influx of young people into the rental market. ...
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Home Construction Spending Hammered Down

Posted: April 2, 2012 at 10:17 am

Construction spending dropped 1.1% in February, according to the Commerce Department. The numbers were a disappointment to most analysts In all probability, builders continue to watch a drop in home ...
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PulteGroup Sinks Homebuilders Shares (PHM, DHI, KBH, MHO, XHB)

Posted: March 29, 2012 at 10:57 am

Homebuilder PulteGroup Inc. (NYSE: PHM) is leading homebuilding stocks into another trough today following a downgrade from S&P Capital IQ to ‘Strong Sell’. MarketWatch cites an analyst’s comment on Pulte ...
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Troubled U.S. Cities Still Face Jobs Problems

Posted: March 29, 2012 at 6:37 am

New data from Gallup show that some cities that suffered the worst jobs losses during the recession have the lowest job creation now. The five metropolitan areas at the bottom ...
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