|Day Low/High||27.94 / 29.83|
|52 Wk Low/High||5.12 / 36.43|
Real estate maven Mark Hanson issues some cautious comments: "An upside surprise in housing data over the next week? With a backdrop of sub-4% mortgage rates and many builder stocks not performing as well as they were expected to, better-than-expect...
Both markets rallied on government promises of tax cuts to come.
Housing construction jumped to pre-recession highs and gave homebuilders a boost on Tuesday.
I've written critically over the past five years about Hovnanian Enterprises (HOV) and its promotional chairman, Ara Hovnanian (who's been a frequent guest on business TV). Recently, I discussed what I see as the company's precarious financial and o...
Ignore Greece and focus on value stocks that you can buy now.
Shares of homebuilder Lennar (LEN) ended Wednesday's trading day with a gain of over 4 percent, making it TheStreet's Move of the Day.
Multifamily REITs have more experience in this area than conventional homebuilders.
Margins continue to be hurt by incentives and concessions.
Homebuilders Standard Pacific (SPF) and Ryland Group (RYL) surged on Monday on news the two had agreed to merge to form a combined company with a market cap of $5.2B.
You won't believe this, but there's another Fed rate decision coming up!
The market bends but doesn't break. On the other hand, the breadth and other technical measures seem "lacking." I don't trust the rally from the morning lows (though I am not fighting it at the margin). Bank stocks remain "the world's fair." Rate se...
I have been openly critical (and sometimes even hostile!) toward Ara Hovnavian's bullish utterings over the years. Most often that optimism has been expressed prior to one of the company's many secondary offerings or debt raises. Three years ago I ...
Las Vegas Sands, MGM Resorts falter; broader market finishes session in the red.
Jobs and retail data take the spotlight once again in the trading week ahead.
Look for the ones under-owned by large institutional investors.
And why McDonald's shares will leave a bad taste in your mouth.
Do homebuilder stocks reflect expectations for economic growth?
Where it began. QE is indeed fiscal policy. Some have hailed this speech as indicating that the ECB is about to embark on a major QE program. But I fear they are mistaken. Although Draghi expresses concern that inflation expectations may be becoming...
Housing starts are still too low to meet the coming demand.