Tag Archives: Stocks

Home builders: Best in years and getting better

All but one region saw a gain in its three-month moving average on the NAHB index in August. The Midwest and West each posted six-point increases, to 60 and 57, respectively, while the South posted a four-point gain to 54 … Continue reading

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Rise In All-Cash Home Sales Frustrates Bay Area First-Time Buyers

SAN FRANCISCO (KCBS) — Real estate firms are reporting a record number of Bay Area homes are being bought with cash, making it increasingly difficult for first-time homebuyers to get their offers accepted. Often, the bids are only accepted after … 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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Yes, Housing Starts Surge, but Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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Yes, Housing Starts Surge, But Rentals Are the Drivers

The headline number for housing starts was big, exceeding expectations and sending the home builder stocks on yet another tear. Starts hit 894,000 (annualized) in October, over 50,000 more than the analysts forecast. Housing starts are now at their highest … Continue reading

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