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Why Home Builders Can Easily Survive Higher Interest Rates

Interest rates are rising and the 30-year mortgage just hit a 12-month high. Rising rates will eat up your spending power and erode the value of your fixed income investments. ...
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Analyst Upgrades Housing Stocks — the Big Chase Marches On (KBH, LEN, TOL, WY, XHB, ITB)

By now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many ...
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Home Builders’ Confidence at Six-Year High (KBH, LEN, ITB)

The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose 1 point in October, to 41, the highest index reading since June 2006. An index reading below 50 indicates ...
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Home Builders’ Confidence at Another Five-year High (KBH, LEN, ITB)

Positive signals continue to issue forth for US home builders. The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose 2 points in August, to 37, the highest index ...
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Evaluating a Housing Stock Bubble (DHI, LEN, TOL, USG, HD, STC, ELLI, XHB, ITB)

Investors have been chasing up the housing stocks higher and higher over the last year.  The economy is only just now seeing a better housing market and foreclosures and the ...
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New Homes Sales Wreck Housing Players (HD, LOW, ITB, XHB)

The housing data keeps coming in with a mixed fan-fare.  The new home sales in America for the month of February fell 1.6% to 313,000 versus a Dow Jones consensus ...
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Lowe’s & Home Depot Diverge As Homebuilder Proxy (LOW, HD, XHB, ITB, DHI, PHM, PMI)

Lowe's Companies Inc. (NYSE: LOW) reported earnings on Monday morning ahead of the Tuesday report from The Home Depot, Inc. (NYSE: HD).  When you look at the Lowe's numbers and ...
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Counter-Take: Should Housing Really Be Recovering Yet? (ITB, XHB, KBH, HOV, DRI, LEN, TOL)

This week is starting to look a bit different for housing and homebuilders and it is a serious matter in considering that the news of the world and the less ...
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Funds Watch: Homebuilders’ ETFs Defy Gravity (XHB, ITB, PKB)

Over the last couple of week's, two of the best performing ETFs were the iShares Dow Jones US Home Construction ETF (NYSE: ITB), up more than 7%, and the SPDR ...
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IPO Watch: Housing Capital Raises… IPO-esque? (BZH, HOV, ITB)

The dark side of investment banking beyond Initial Public Offerings usually revolves around secondary offerings and when companies raise capital via securities sales.  Generally speaking, these can offer investors a ...
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ETF Watch: Housing Resilience (XHB, ITB, PHM)

The economic data on the housing front seems to have very little to cheer about.  Maybe there is some hope on pending sales today, but actual sale closings in existing ...
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Pulte Sets New Bar For Builders (PHM, XHB, ITB)

PulteGroup, Inc. (NYSE: PHM) is often thought of by many as the bogey of the US Homebuilding sector.  If so,  the company is giving a forecast that might mean profits ...
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New Home Sales Heading Wrong Way (XHB, ITB)

New home sales in December went back the wrong way, which was largely expected considering the data we had already seen from the housing sector in the last week.  The ...
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Lennar Saves Beazer, But Sets High Mark Tone (BZH, LEN, XHB, ITB, KBH)

Beazer Homes USA Inc. (NYSE: BZH) was weak earlier because of its proposed secondary offering that will add to dilution of shareholders.  This morning the company's secondary offering of 19,500,000 ...
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Moody’s Calls Bottom in Homebuilders, Sort Of (XHB, ITB, HOV)

Moody's Investors Service has raised the bias and outlook on the U.S. homebuilder sector this morning.  Its report was titled "U.S. Homebuilding Industry Shows Signs of Stability" and the ratings ...
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