It appears that the slowdown in foreclosure filings has reached an end. Issues surrounding foreclosure processing, state foreclosure laws, and other court rulings are getting resolved and the pace of foreclosures picked…
Homebuilder Toll Brothers, Inc. (NYSE: TOL) reported third fiscal quarter earnings this morning, managing to post EPS of $0.25 on revenue of $394 million. Analysts were expecting EPS of $0.03 on revenue…
For the second week in a row, the number of US mortgage applications rose, but the vast majority of the action came in refinancing, not new purchases. This spells continuing pressure on…
We won’t bother telling you about the homebuilder merger this morning, because we already covered it once. But in a down and out sector, you will see that traders are looking to…
Credit Suisse has issued a new coverage rating systems for its homebuilder universe. These are some of the calls we saw in the sector: Centex (NYSE: CTX), DR Horton (NYSE: DHI), and…
Everyone keeps predicting one or more of the large US Homebuilders is going to implode because of their overbuilding and inability to sell new units at their old highly profitable margins. Most…
Stock Tickers: XHB, DHI, LEN, PHM, CTX, TOL, NVR, KBH, MDC, RYL, SPF, BZH, HOV This can’t be a shock considering ‘how great’ the housing market is and how many new homes…
Stock Tickers: XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL The short interest for MAY 2007 is out. We noticed an increase in the number of shares in…
