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 reading since…
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 shadow inventory…
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 target of…
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 when you…
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 recent housing…
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 Series Trust…
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 chance to…
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 homes and…
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 in 2010…
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 problem is…
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 shares of…
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 agency raised…
The Commerce Department has just shown a report that new home sales for the month of September turned south. This may increase the call for that first time home buyer $8,000.00 tax…
The prior data out of the National Association of Home Builders had been improving for three consecutive months. New data for October came out today showing that the index slipped. The problem…
This morning’s July data for existing home sales, or used homes, posted another gain and this makes it the fourth consecutive month, according to the National Association of Realtors. This created more…
