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ThinkstockThe S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as the record-setting rise in May. The 20-city composite rose 12.1%...
ThinkstockBefore markets opened on Wednesday, Lowe’s Companies Inc. (NYSE: LOW), the country’s second largest home improvement store chain, reported second-quarter diluted earnings per share of...
ThinkstockYou have probably noticed in the last couple of months that some of the strong housing recovery news headlines have tamed. Some of the price hikes, existing home sales, permits reports,...
ThinkstockThe stock market may be challenging all-time highs again, but interest rates have skyrocketed and mortgage applications have hit a serious soft patch as a result. As interest rates rise, it...
June 27, 2013: U.S. equity markets opened higher this morning after the reports on new U.S. jobless claims and personal income and a blizzard of data from Europe. Eurozone consumer confidence is...
ThinkstockKB Home (NYSE: KBH) reported second-quarter 2013 results before markets opened this morning. The home builder reported a quarterly diluted earnings per share (EPS) loss of $0.04 on revenues...
June 26, 2013: U.S. equity markets opened higher this morning following the final reading on first quarter U.S. GDP growth, which came in lower than expected, but investors apparently believe that...
U.S. equity markets opened slightly higher this morning an inline report from the U.S. Department of Labor on export and import prices. In Europe, eurozone industrial production rose 1%, above the...
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell or to avoid. 24/7...
U.S. equity markets opened lower this morning and trailed slowly downward all day. The situation in Cyprus was unchanged this morning (more coverage here). In Europe, both manufacturing and...
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February rose 0.8% to 4.98 million from an upwardly revised total of...
ThinkstockKB Home (NYSE: KBH) reported first-quarter 2013 results before markets opened this morning. The home builder posted a quarterly diluted earnings per share (EPS) loss of $0.16 on revenues of...
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage...
ThinkstockBy now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many...
ThinkstockFollowing about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders’ stocks. Upbeat reports on the state of the housing market,...