There's more at play in the recent housing setback than just this winter's frozenomics, home builder Ara Hovnanian tells CNBC.» Read More
DR Horton fell$. 12 or. 5 percent, to $22.04. Hovnanian Enterprises Inc. rose$. 05 or 1.0 percent, to $4.83. Lennar Corp. fell$. 33 or. 8 percent, to $40.02.
DR Horton fell$. 09 or. 4 percent, to $22.07. Hovnanian Enterprises Inc. rose$. 07 or 1.5 percent, to $4.85. Lennar Corp. fell$. 13 or. 3 percent, to $40.22.
DR Horton rose$. 09 or. 4 percent, to $22.25. Hovnanian Enterprises Inc. rose$. 04 or. 8 percent, to $4.82. Lennar Corp. rose$. 10 or. 2 percent, to $40.45.
DR Horton fell$. 49 or 2.2 percent, to $22.16. Hovnanian Enterprises Inc. fell$. 12 or 2.4 percent, to $4.78. Pulte Homes Inc. fell$. 49 or 2.5 percent, to $19.18.
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Warmer weather could get more people out looking, but potentially higher monthly payments create a major hurdle to purchasing.
The Fed put is still very much alive. That, bulls argue, will be a major underpinning for stocks in 2014.
Some of Thursday's midday movers:
U.S. stock index futures wavered between slight gains and losses on Thursday.
"We look for stressed sectors toward year end," Larry McDonald says.
While education appears to be the primary draw for the buyers, many are also concerned about China's political instability, inflation, even pollution.
U.S. stock index futures were higher Monday, lifted by upbeat economic data from China, but ongoing worries over Syria kept a damper on gains.
Some of the names on the move ahead of the open.
U.S. car companies are reveling in their strongest monthly sales in about five years. The housing market is rebounding. But overall economic growth is feeble at best.
Hovnanian Enterprises' CEO Ara Hovnanian expressed little concern over what impact an end to the Federal Reserve's bond-buying program might have on mortgage rates.
Ara Hovnanian, Hovnanian Enterprises chairman and CEO, explains why he thinks the housing sector is in the early innings of a recovery.
Stocks posted sharp declines across the board Wednesday, with the Dow ending below 15,000, following weakness in overseas markets and amid concerns over when the Fed will start tapering its bond-buying program on the heels of several mixed economic reports.
We've had Federal Reserve officials say it's time to consider tapering bond purchases, but we haven't had a Fed official declaring a rally of anything "over." Until now.
U.S. stock futures point to a lower open, after the Nikkei tumbled nearly 4 percent when Prime Minister Shinzo Abe's third "Abenomics" arrow failed to impress investors.
CNBC real estate reporter Diana Olick with what to expect in the housing sector this spring.