ThinkstockIn its February MarketPulse report, residential property research and services firm CoreLogic Inc. (NYSE: CLGX) identifies the trends it sees in the U.S. economy and in the U.S. real estate market. One important factor…
ThinkstockWood products maker Boise Cascade Co. (NYSE: BCC) held its initial public offering (IPO) this morning, selling 11.76 million shares at an IPO price of $21. Yesterday the company raised its IPO price range…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday scenario forecasters…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseA federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer Assured Guaranty Ltd. (NYSE: AGO)…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 3.4% in the group’s seasonally adjusted composite index, following a drop of 8.1% for the previous…
ThinkstockIn a filing today with the Securities and Exchange Commission, Boise Cascade LLC has amended the terms of its initial public offering (IPO), which is scheduled to go off tomorrow. The company will offer…
ThinkstockHome prices rose 8.3% in December, compared with the same month a year ago, according to research firm CoreLogic Inc. (NYSE: CLGX). That was the largest monthly increase since May 2006. The firm had…
ThinkstockIn the month of December, 56,000 U.S. homes were foreclosed, down from an upwardly revised total of 58,000 in November and down from 71,000 in December 2011, according to research firm CoreLogic (NYSE: CLGX).…
ThinkstockThe first homebuilder initial public offering (IPO) since 2004 can only be described as a huge success. Tri Pointe Homes Inc. (NYSE: TPH) upped its planned offering of 11.7 million shares in a price…
ThinkstockPulteGroup Inc. (NYSE: PHM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the homebuilder posted diluted earnings per share (EPS) of $0.15 on revenues of $1.57 billion. In…
ThinkstockIf you go back a year or so ago, the economy was still chugging along with low employment growth and the public was unsure if the uptick in home prices was going to stick.…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 8.1% in the group’s seasonally adjusted composite index, following a rise of 7% for the previous…
The S&P/Case-Shiller home price index for November was higher for the eighth consecutive month. The 20-city composite rose 5.5% in November, lower than the consensus expectation for a rise of 5.8%, but still well…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday scenario forecasters…
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending home sales in December. The index fell 4.3% from a downwardly revised 106.3 in November to 101.7, and it is 6.9%…