CNBC: Home builder confidence in the market for newly built, single family homes declined again in August for the third consecutive month, according to an index released Monday by the National Association of Home Builders that surveys home builders.
“Today’s report reflects single-family home builders’ concerns about current and future economic conditions and about the increasing [...]
SAN FRANCISCO (MarketWatch) — Shares of residential builders including Pulte Group, KB Home and Lennar Corp. fell Wednesday after Goldman Sachs downgraded the sector on concern about the effect of a slowing U.S. economic recovery.
Joshua Pollard and Anto Savarirajan, analysts at Goldman, lowered their view on the builders to neutral from attractive
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(Reuters) – U.S. home-builder sentiment rose in May to the highest level in more than 2-1/2 years, boosted by a homebuyer tax credit and strengthening economy, the National Association of Home Builders said on Monday.
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(Reuters) – No one rode the U.S. housing bubble higher than the company that calls itself “America’s Builder,” D.R. Horton Inc (DHI.N). During the boom years, Horton and its peers sprawled across the map, opening new divisions and buying up smaller fry in an industry-wide frenzy of expansion and acquisition.
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The economic recession and the housing depression will cause many Baby Boomers to push back retirement several years, but that doesn’t mean they’re not still eyeing and buying homes built specifically for retirees.
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US home builder sentiment unexpectedly fell in January to the lowest level since June on concerns over the weak labor market and high foreclosure volume, according to a survey on Tuesday that pointed to a patchy recovery in the housing sector.
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After plunging by about 75% from the lofty levels during the housing bubble, new home construction has finally stopped falling. But, despite massive healing efforts by the government and the industry, home building hasn’t shown any real improvement since bottoming early last year.
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U.S. homebuilder sentiment edged down in October after three months of gains as builders fretted over the upcoming expiration of government incentives for first-time buyers, a private survey showed on Monday.
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Is the housing market on the brink of turning corner? That depends upon whom you ask!
The Bull Case
True the bulls may be wearing blinders but that’s not to say they haven’t gotten some pretty positive catalysts.
The latest came from Lennar’s president and CEO Stuart Miller who recently said ”we’re gaining confidence that we’re getting much closer to [...]
Home builder confidence rose in August to its highest level in more than a year, according to the latest reading of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
The Washington-based trade association said Monday the index rose one point to 18, a level not seen since June 2008.
The reading for current sales [...]
