Short Sellers Boost Bet Against Homebuilders (June 2007)
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 are selling…
Housing
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Newest first · Page 215The Next Home Equity Boom
Just when you thought consumer home equity induced spending was dead due to a slowing market and tightened credit standards, a new product promises to put some juice into it. REX & Co, backed…
IPO Filing Alert: Lumber Liquidators
Lumber Liquidators, Inc., the largest specialty retailer of hardwood flooring in the United States, has filed to sell up to $150 million in shares via an IPO. Underwriters are listed as Goldman Sachs and…
CME Housing Futures and Home Price Forecasts
From Ticker Sense
A Novastar Takeunder?
After the close Novastar Financial (NFI-NYSE) pulled the wool over the naysayers, or so it is trying to say. The company has received an additional $100 million in liquidity commitments arranged by Wachovia Capital…
Cramer Pans Homebuilders
Stock Tickers: DHI, PHM, CTX, LEN On today’s WALL STREET CONFIDENTIAL video on TheStreet.com, Cramer noted that DR Horton (DHI-NYSE) is the most leveraged since it bought large property rights and has the least-written…
Analyzing Lennar (LEN)
By Yaser Anwar, CSC of Equity Investment Ideas LEN reported that net income fell 73% to $68.6 million, 43 cents a share vs. $258.1 million $1.58 a share in 06, on revenue of $2.79…
Beazer Responds, But Does It Matter?
Beazer Homes has issued a statement regarding the Business Week article that is causing a stir in this stock after-hours. Here are the guts of the release: At this time, Beazer Homes can not…
Did Beazer Cross the Line Too Far?
Beazer Homes USA Inc. (BZH-NYSE) has found itself in a pickle if there is truth to reports. The company is reportedly being investigated for fraud in its lending practices, some financial transaction, and other…
No Docs? No problem…Until now
From The Stock Masters Christmas is around the corner, and I ain’t gonna have no money to buy my son the G.I. Joe with the kung-fu grip! So they’re panicking right now, they’re screaming…
According to Asha Bangalore, new home sales declined again in February and are now running at a pace not seen since June 2000 (see March 26 Daily Global Commentary) The supply of new homes, meanwhile, rose to 8.1 months, a level not seen since 1991. And
According to Asha Bangalore, new home sales declined again in February and are now running at a pace not seen since June 2000 (see March 26 Daily Global Commentary) The supply of new homes,…
Housing: Enough Already!!
From The Stock Masters "I got two words for you, shut the **** up" ~ Robert De Niro, Midnight Run (1988)Todd Sullivan puts the "housing" and "subprime" talk into perspective and provides some relevant…
IPO Alert: Gafisa S.A., Sam Zell’s Brazilian Play
Gafisa S.A. (GFA-NYSE/ADR) has begun trading on the NYSE. Its initial public offering of 39,676,600 common shares in the US (represents two common shares in Brazil) priced at US$24.88 per ADS. The issue that…
The Housing Woes hits America where it hurts the worst
From The Stock Masters For the most part Americans who had every intention of paying off their mortgages and living in their houses now just can’t swing it. The vicious cycle of falling property…
Perspective on Dow and Homebuilders
By William Trent, CFA of Stock Market Beat Although the last week managed to shake investor’s (over)confidence, it wasn’t long ago that all the talk was about the new records being set by the…