ThinkstockThe first half of 2013 was very good for homebuilder stocks. The five largest builders (by market capitalization) hit their 52-week highs before mid-May, and it has been a gradual downhill slide…
ThinkstockHome prices rose 11% in October, compared with the same month a year ago, for a 20th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices rose…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for November was flat with a downwardly revised reading of 54 in October. The reading was lower than a forecast of…
ThinkstockThe recovery in the housing market has been a big story this year and the market for new homes could improve even more. according analysts at Sterne Agee. Homebuilders D. R. Horton…
ThinkstockHome prices rose 12% again in September, compared with the same month a year ago, for a 19th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices…
ThinkstockThe reverse merger announced Monday morning between the homebuilding group associated with Weyerhaeuser Co. (NYSE: WY) and homebuilder TRI Pointe Homes Inc. (NYSE: TPH) is causing some investors to take another look…
ThinkstockThe S&P/Case-Shiller home price index for August posted another month of solid gains. The 20-city composite rose 12.8% year-over-year, above the consensus estimate for a rise of 12.4% for the month. The…
ThinkstockPulteGroup Inc. (NYSE: PHM) reported third-quarter 2013 results before markets opened Thursday morning. The home builder posted adjusted diluted earnings per share (EPS) of $0.45 on revenues of $1.58 billion. In the…
Paul Ausick ThinkstockWeyerhaeuser Co. (NYSE: WY) soon will be a paper and forestry company that is merely a paper and forestry company, if reports that have resurfaced turn out to be fact. Reports hit…
Wikimedia CommonsThe leading firms on Wall Street maintain a list of their top stocks to buy as their highest conviction calls from the top analysts in the firm. What is somewhat rare…
ThinkstockHome prices rose 12.4% again in August, compared with the same month a year ago, for a 18th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices…
ThinkstockIn its announcement Wednesday afternoon, the FOMC cited concern over recent developments in the housing market as a reason to maintain its asset purchase program at $85 billion a month. In particular…
ThinkstockThe number of U.S. homeowners who owe more on their mortgages than their houses are worth fell to 7.1 million at the end of the second quarter of 2013, an improvement of…
ThinkstockSince hitting a five-year peak in mid-May of this year, shares of homebuilders’ stocks have dropped between 15% to 33%. That is about the time that mortgage interest rates began climbing and…
August 16, 2013: U.S. equity markets opened lower this morning following big down day on Thursday. In the U.S., the Census Bureau’s report on July housing starts put up a positive number,…
