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A Bull Vs. Bear Take On KB Homes Following Q3 Earnings
Monday, September 28, 2020 - 1:30pm | 382KB Home (NYSE: KBH) is subject to ongoing investor debate on the merits of buying or avoiding the stock. The company reported fiscal third-quarter results that prompted one Street analyst to turn incrementally bullish while another remains convinced investors should stick to the sidelines. The...
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EUR/USD Forecast: Holding Above The Critical Support At 1.1065
Monday, December 23, 2019 - 4:05pm | 377EUR/USD Current Price: 1.1092 US Durable Goods Order surprisingly fell in November by 2.0%. European macroeconomic calendar to remain empty until next Friday. EUR/USD holding above the critical support at 1.1065, but bounces limited. The EUR/USD pair peaked at 1.1095 this Monday, up with Wall...
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Getting Ready To Wrap Up: Holiday Week Begins With Stocks Near All-Time Highs
Monday, December 23, 2019 - 10:45am | 2080What a difference a year makes. At this time last year, markets were melting down, and of course a year later we’re cruising to new all-time highs. This week could see a low volume, thinly traded market because of the holidays, so what does that mean for investors? First, there may not be a...
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Thursday's Market Minute: Will Housing Defend Its Title?
Thursday, October 24, 2019 - 9:50am | 447Homes are being bought, but are they being built? At 10:00am ET, New Home Sales will fill in the housing market picture outlined by Existing Home Sales on Tuesday. In an industry that has shown strength in recent months, September’s sales of already-constructed houses came in below estimates...
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Zillow's New Homes Business Drives Big Revenue Jump, Pushes Stock Higher
Friday, May 10, 2019 - 1:26pm | 597Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. Despite the new Homes segment helping drive revenue growth, it also was pushing Zillow...
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After Chilly Winter, Homebuilders To Share Earnings With High Hopes Ahead
Tuesday, April 23, 2019 - 3:06pm | 1200By most accounts, homebuilders didn’t exactly get much hammer time in Q1. The weather—always a dubious affair for outside framing and brick-laying at any time—wasn’t just unseasonably chilly this winter, it was downright nasty. The polar vortex hit and then created a ripple...
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Pending Home Sales Rebound In January On Lower Interest Rates, Still Below Year-Ago Figure
Wednesday, February 27, 2019 - 11:15am | 343Pending home sales rebounded in January from the previous month, with lower interest rates getting credit for the comeback, but sales still weren't as robust as they were a year ago. What To Know The National Association of Realtors reported Wednesday pending sales increased 4.6 percent to 103....
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Walmart Brings Bright Spot To Market Otherwise Cautious As Trade Talks Continue
Tuesday, February 19, 2019 - 11:09am | 1295Traders and investors returned to the U.S. equities market after a three-day holiday weekend in a cautious mood ahead of another round of trade talks between the world’s two largest economies. This set of negotiations, in Washington this week, comes after a round of talks last week in Beijing...
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The Easy Way To Save Thousands On Your Mortgage
Friday, July 27, 2018 - 4:37pm | 725You probably comparison-shop for most of your purchases, especially the big ones. If you're going to spend money on a new appliance or an automobile, you want to review options to make sure you're getting the best deal. According to the Consumer Financial Protection Bureau (CFPB),...
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Millennials Are Having More Home Buying Regrets
Thursday, July 26, 2018 - 3:52pm | 975Homeownership is one of the classic measures of "the American Dream." According to a recent Bank of the West Millennial Study, 58 percent of respondents say they've either attained the American Dream or that the American Dream is still attainable. A similar percentage says that owning...
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All About Real Estate Disclosures
Thursday, July 26, 2018 - 3:43pm | 656You want to know exactly what you are getting when you make any large purchase, especially when you are buying a home — the largest purchase that many Americans will ever make in their life. That's why a real estate disclosure statement is a fundamental part of any real estate...
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Here's Why Interest Rates Shouldn't Be Your Home Buying Deal-Breaker
Thursday, July 19, 2018 - 5:52pm | 687It just makes sense. When mortgage interest rates rise, fewer people can afford to buy homes. Home sales go down as a result. Conversely, when interest rates drop, homes become more affordable and home sales will go up. There's only one problem with this premise. It isn't necessarily true....
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PulteGroup's 'Excellent' Q1 Beat Turns Buckingham Bullish
Wednesday, April 25, 2018 - 12:42pm | 400Homebuilder PulteGroup, Inc. (NYSE: PHM) reported first-quarter results Tuesday that prompted Buckingham to turn bullish on the stock. The Analyst The Buckingham Research Group's Mark Weintraub upgraded PulteGroup's stock rating from Neutral to Buy with a price target lifted from $38...
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Existing Home Sales Rise In February, Homebuilders Gain
Thursday, March 22, 2018 - 11:19am | 923Sales of previously owned homes increased in February 2018, despite low inventory and higher prices. The data came in as a breather after the last two month disappointed in terms of existing home sales. Exchange traded funds or ETFs that track the homebuilding industry gained on Wednesday, after...
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Buy The Dip In These Homebuilder-Related Stocks, Wedbush Says
Tuesday, February 13, 2018 - 6:05pm | 621Homebuilding stocks were mostly higher Tuesday after Wedbush turned incrementally bullish on three names, despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ: BECN), Beazer Homes USA, Inc. (NYSE: BZH) and LGI Homes Inc (NASDAQ: LGIH). The Analyst Wedbush's Jay...