Jon OggStocks are challenging new highs going into year-end, and investors have to consider how to best position themselves for 2014. 24/7 Wall St. reviews dozens of Wall Street analyst reports each…
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…
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…
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…
Jon OggInvestors and traders are dealing with the stress of a government shutdown and the upcoming debt ceiling debate. With such uncertainty, they also are wondering whether they should be buying or selling…
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…
ThinkstockThe S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as the record-setting rise in May. The 20-city composite rose 12.1% year-over-year, just…
ThinkstockBefore markets opened on Wednesday, Lowe’s Companies Inc. (NYSE: LOW), the country’s second largest home improvement store chain, reported second-quarter diluted earnings per share of $0.88, up from $0.64 in the second…
Jon OggStocks have pulled back from highs and investors are on the hunt for solid research ideas. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index rose by three points from a downwardly revised 56 in July to 59 in August. Last month’s reading had been the…
