Stocks closed higher Tuesday, with the Dow and S&P 500 finishing in positive territory for the third-straight session, as Federal Reserve policymakers kicked off their two-day meeting.» Read More
*Weyerhaeuser shareholders to gain control of Tri Pointe. *Tri Pointe shares jump 16 pct, Weyerhaeuser stock up 2 pct. Nov 4- Tri Pointe Homes Inc is buying Weyerhaeuser Co's homebuilding division in a $2.7 billion deal that will give it access to developed land in key markets such as California and Texas and make it one of the 10 biggest U.S. homebuilders.
*Weyerhaeuser to sell homebuilding business for $2.7 bln. *Weyerhaeuser shareholders to get control of Tri Pointe. Nov 4- Tri Pointe Homes Inc is buying Weyerhaeuser Co's homebuilding division in a $2.7 billion deal that will give it access to developed land in key markets such as California and Texas and make it one of the largest U.S. homebuilders.
Despite today's disappointing GDP, the market uptrend remains intact.
While smaller builders are taking the brunt of the price increases, the big public builders may actually be taking advantage of them.
Earnings: Still choppy, but mostly good news for tech and building materials.
Stocks finished at session lows Monday, posting their sharpest one-day drop this year, as disappointing economic data from China triggered a selloff in commodities.
Take a look at some of Monday's midday movers:
CNBC real estate reporter Diana Olick with what to expect in the housing sector this spring.
Business is brisk, but the new-home market won't be back to normal for a while, Meritage CEO Steven Hilton said.
Check out which companies are making headlines after the bell Wednesday:
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.
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.
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."
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 nation's home builders continue to feel much better about their industry.
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 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.