Mortgage rates pushing toward 7% sent builders scrambling to cut production before buyers vanish entirely, but the real question is whether that panic creates an opening for households willing to act while…
A brutal earnings miss sent Opendoor plunging while Rocket Companies braces for a report that could determine the fate of the entire housing finance sector. One small iBuyer is somehow bucking the…
Housing starts just posted their biggest monthly jump in three months, and a triple-leveraged homebuilder ETF sits ready to amplify every move. But the same mechanics that could multiply your gains have…
The iShares U.S. Home Construction ETF (NYSEARCA:ITB) just rose 7% in a single week, yet the fund is still down about 4% year to date and sitting 7% below where it traded…
The Federal Reserve has already trimmed its policy rate by 0.75 percentage points over the past year, leaving the upper bound at 3.75%. The question facing rate-sensitive sectors is what happens if…
The housing construction sector is heating up. The iShares U.S. Home Construction ETF (NYSEARCA:ITB) has surged 11.1% year to date in just nine trading days, signaling robust demand for new residential and…
It’s been nearly a month since Kamala Harris and Tim Walz released their agenda to lower costs for American families. A big part of the plan involves helping improve housing affordability by…
On a day where the U.S. weekly jobless claims hit an exponential record high of almost 3.3 million, and when the ugly recession level economic news has not even really been seen…
Homebuilder D.R. Horton on Monday reported better-than-expected profits and revenues for its fiscal first quarter and boosted its guidance.
Experts had expected home builder sentiment to drop rather than rise in September. It is easy to assume that low interest rates are helping builders be more confident, but some concerns were…
Two large homebuilding ETFs have significantly different approaches to their holdings. One focuses on builders while the other includes more suppliers and retailers.
24/7 Wall St. has come up with its own view on earnings season by sector, along with relative performance on the top exchange traded funds for those sectors.
The Commerce Department reported that construction spending was down in June. What was surprising was that the key exchange traded funds tracking homebuilders reacted favorably to the report.
ThinkstockFannie Mae has issued a very mixed report looking forward. While 24/7 Wall St. covered the report earlier on Monday, what stands out is not just that housing has been muted. Above and…
Jon C. Ogg ThinkstockWhat ever happened to that prolonged, multiyear housing market recovery? Maybe the private equity buyers bought up all the bargains so fast that public transition cycle from owner to renter back to…
