BLOOMFIELD HILLS, Mich.— The homebuilder PulteGroup posted an 8 percent drop in first-quarter profit Thursday as revenue from sales of land and new houses dropped. In a statement accompanying the results, Richard Dugas, PulteGroup's CEO, said he sees signs that sales will pick up, with demand improving over the quarter.» Read More
In October of 2007, housing was beginning its freefall. Prices are recovering, but still around 27 percent off their peak in 2006, reports CNBC's Diana Olick.
Bob Wetenhall of RBC Capital Markets, explains when he went positive on Lennar, and the state of the housing recovery.
The housing sector played a large part of the run to new highs in 2007. CNBC's Diana Olick reports what's happening in the sector now as the Dow regains its historic levels.
Rough winter weather across much of the US at the start of this year apparently did not keep home buyers away. Contracts to buy existing homes in January rose to the highest reading since April 2010.
David Crowe, National Association of Home Builders, sifts through the data and explains why the housing market may not be as healthy as it appears, and why he believes there will be no real momentum in the sector for the remainder of the year.
Jed Kolko, Trulia chief economist, discusses real estate trends and whether the encouraging housing data is fundamentally real or investor driven.
Stuart Boesky, President & CEO of Pembrook Capital Management, explains how his fund is able to bridge the gap between developers and banks that aren't lending money.
Heimo Scheuch, CEO of brick maker, Wienerberger, tells CNBC that they expect the North American housing market to offset Europe in 2013.
The S&P Case Shiller is reporting prices are up 6.9 percent annually for the top 20 housing markets, reports CNBC's Diana Olick. Greg Ip, The Economist, and Terry Duffy, CME Group, offer insight.
David Ritchie, CEO at Bovis Homes, tells CNBC that they are debt free as a business and moving forward with strong growth prospects for 2013.
King Lip, Chief Investment Officer, Baker Avenue Asset Management tells CNBC that things have stabilized in the U.S., with earnings season kicking off to a better-than-expected start.
Megan McGrath, MKM Partners analyst, breaks down the home builder's first quarter earnings, and explains why she has a "neutral" rating on the stock and a $33 price target.
Applications for U.S. home mortgages fell for a second straight week as both refinancing and loan requests for new mortgages eased last week, an industry group said on Wednesday.
Homebuilder sentiment slips in February, with CNBC's Diana Olick.
CNBC's Rick Santelli talks with Edward Pinto, American Enterprise Institute about turning the corner and rebuilding the housing sector.
CNBC's Diana Olick reports home builder confidence dropped to 46 last month; 50 is the line between positive and negative.
David Goldberg, homebuilders and building products analyst at UBS, says after last year's U.S. homebuilders rally there is a lot of profit-taking, so investors who want to be long in housing now, have to go further up on the risk curve to less safer names.
The divide between new and existing home prices is wider than ever and as one analyst notes, "The only people who can buy are people who are very well off, so that's created a positive mix shift."
Is the ride over for home builder stocks? Ennis Taner, RiskReversal.com and Jeff Kilburg, KKM Financial, weigh in.
Barclays downgraded several home builders, including Toll Brothers and KB Home. CNBC's Diana Olick has the details.
Get the best of CNBC in your inbox