Tag Archives: Home Builders

What to Expect From Toll Brothers Earnings

For fiscal year 2013, analysts are estimating earnings of 88 cents per share, but those estimates have been shrinking due to concerns over the broader economy. “I think it will be a pretty good report for Toll. The high-end and … Continue reading

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Fewer Borrowers Are Behind on Mortgages, but for How Long?

“The declines in the mortgage delinquency rate will likely be muted for the foreseeable futures as the foreclosure process in some states can take more than 1,000 days,” notes Tim Martin, of TransUnion’s financial services business unit. “It is not … Continue reading

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Why Home Builders Won’t Drop New Home Prices

Right now the divide between new and existing home prices is wider than ever. The average price of an existing home in December was $231,400, according to the National Association of Realtors, while the U.S. Commerce Department reported the average … Continue reading

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2013 real estate kicks off with inventory crisis

Many economists have their predictions for how the real estate market will perform in 2013, but one thing that is certain and that will likely play a large role is that there are a lot less available homes for sale. … Continue reading

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Pending Home Sales Fall Due to Dwindling Supply

The Realtors’ monthly index fell 5.4 percent in the Northeast month-to-month, rose 0.9 percent in the Midwest, fell 4.5 percent in the South and fell 8.2 percent in the West. The West, and its severely distressed markets like Phoenix and … Continue reading

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