There's more at play in the recent housing setback than just this winter's frozenomics, home builder Ara Hovnanian tells CNBC.» Read More
CNBC's Diana Olick looks at today's mortgage application numbers. A drop in the rate of the 30-year fixed sent mortgage apps higher, she reports.
"We're close to it. The market fluctuates, and I think it's going to rise and we'll probably see it soon," one pro said.
Despite an improving housing market and firming prices, it's going to be difficult to achieve what is already priced into the stocks, which skyrocketed last year, an analyst told CNBC.
High-end home builder Toll Brothers reports fiscal Q1 earnings on Wednesday. CNBC's Diana Olick reports on analysts' expectations.
After improving in 2011, foreclosures ramped up again in 2012, and will likely continue to rise as banks clear out backlogs of distressed loans. More than half of the top 200 U.S. housing markets saw foreclosure numbers rise, according to a new report from RealtyTrac, reports CNBC's Diana Olick.
Women are getting married later, having kids later and out of wedlock, all prompting them to seek the convenience of large, full-service rental apartment buildings, reports CNBC's Diana Olick.
The December numbers beat expectations by a lot and sent the stocks of the public home builders higher and prompted housing analysts to exclaim bullish headlines, but here's what they failed to mention.
Most stocks trade in tandem with the market. But some tend to bounce back a little faster.
Nokia shareholders are unhappy with the details of the patent dispute settlement with Research In Motion, and Hovnanian is up about 370 percent year-to-date, with the FMHR traders.
It's been a reversal of fortunes for banks in 2012: financial stocks lead this year, up 26 percent, after performing the worst of all 10 S&P sectors last year.
The nation's home builders continue to feel much better about their industry.
Home prices are rising, and potential buyers may look back and regret not taking advantage of today's low rates and affordability, Hovnanian CEO Ara Hovnanian told CNBC.
Ara Hovnanian, Chairman, President, & CEO, Hovnanian Enterprises, discusses boomerang buyers: people who lost their homes to foreclosure but are now back in the market for a new house. He also looks at the phenomenon of buyers seeking bigger homes.
Are you ready skeedaddy. It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Fears of the fiscal cliff could be impacting potential buyers already. The new home sales monthly number from the U.S. Department of Commerce is based on signed contracts.
Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high.
The federal agency that some credit with saving the housing market during the worst of the recent crash, may now be in need of taxpayer help itself.
The housing rebound could cause the unemployment rate to drop significantly in the next few years, said Ara Hovnanian, CEO of Hovnanian Enterprises, one of the nation's largest builders of single-family homes.
The homebuilders are rising from the ashes, after overbuilding and a credit crash sent sales and construction to levels not seen economists began counting all those numbers; they are rising, but not necessarily thriving.
The one thing standing in the way of a more robust housing recovery, is tight credit. Mortgage rates are at near-historic lows, but too many potential home buyers still cannot access these rates due to damaged credit.