Smaller builders are trading near or below book value, and all have relatively small market capitalizations.
Smaller builders are trading near or below book value, and all have relatively small market capitalizations.
Well-appointed buildings in locations near transit have been in high demand as employers calling workers back to the office seek to improve the experience.
U.S. existing-home sales remained near historically low levels in July as fluctuating mortgage rates continued to weigh on demand.
Home prices are expected to grow more slowly. There may even be mild declines. And buyers and sellers can look forward to less competition.
The transaction will make Dream Finders Homes the sixth-largest home builder in the U.S. as sales continue to lag.
The large mortgage originator has been branching out from its core services by purchasing brokerage Redfin and Mr. Cooper, a mortgage servicer.
Zillow reported a net loss of $4 million on $772 million in revenue in the second quarter. Analysts had expected $21 million in net income on $758 million.
Compass earnings of twelve cents a share on $4.3 billion in revenue in its second quarter.
CoStar’s lower revenue estimate for the full year dragged the stock lower in after hours trading.
What used to be considered a second home is now a starter, experts say. And that’s setting first-time buyers back on their heels.
A sharp rise in Treasury yields in the wake of the U.S. war in Iran and oil prices hitting $100 a barrel is likely to send mortgage rates higher.
SL Green Realty’s target zone for office buildings is squarely in premium, commuter-convenient spaces, one analyst says.
PulteGroup’s CEO says the fluctuating price of oil is a big contributor to high housing costs because it affects land development.
Shares of the U.S.’s largest home builder rally after it reports better-than-expected third-quarter results.
The data point is another headed in the wrong direction for investors who waiting for a housing rebound after last week’s disappointing existing-home sale data.
Beazer Homes has received five offers from Dream Finders Homes, but hasn’t bitten. Why there’s a gold rush in home building.
For most first-time buyers, ponying up a wad of cash isn’t the norm. In a handful of places, the number is 10% or less.
Home prices measured by the S&P Cotality Case-Shiller index tracking 20 of the nation’s large metropolitan areas rose 1.1% in April from one year prior.
The housing shortage will end in the coming decade as demand eases because of smaller generations and thinning immigration, new figures show. And, best of all, prices will drop.
Technical analysis indicates a home builder ETF could climb nearly 30% by the end of the year.
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