The housing industry is healing, but one Goldman Sachs analyst recommends investors steer clear of the rally in homebuilders such as Lennar and PulteGroup.
Stocks ended lower in volatile trading Thursday after Fed Chairman Ben Bernanke failed to provide additional detail on how to boost the weakening U.S. economy and as investors looked ahead to President Obama's jobs speech later this evening.
New homes aren't selling, new delinquencies are rising, and inventories of existing homes are way too high...Some analysts out there think that some builders are well-positioned to profit going forward.
Green costs more, and today's already-skittish potential home buyers are not willing to shell out more cash for a greener standard of living, according to a new survey.
Here's why you should keep a close eye on these six stocks.
Several of the nation's largest public home builders reported earnings this week, and I was struck by the way their CEOs spoke of the current state of housing.
The homebuilder's fourth-quarter loss widened, as results were dragged down by hefty charges and a decline in closings and new orders.
Single-family home prices dipped in July, and are seen stabilizing near the lows without the homebuyer tax credit that ended in April, according to Standard & Poor's/Case-Shiller home price indexes. What does this mean for the overall housing market? Josh Levin, homebuilding analyst at Citi, shared his outlook.
Economic conditions are very tough for homebuilders. Is a wave of mergers coming to this sector?
For the first time in 4 years, a widely followed analyst upgraded a handful of homebuilders. Why now?
With chatter suggesting that BlackBerry has avoided a ban in Saudi Arabia and potentially other Mideast nations, is the stock oversold?
Following a poor existing home sales number on Tuesday, yesterday’s new home sales data was even more disappointing. Here is a look at the drop in the major homebuilding stocks since the tax credit’s expiration on April 30.
Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.
Stocks continued to fall in the final hour as Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares.
Stocks were lower in midday trading amid disappointing economic news, with financials and technology leading the way.
The latest data from S&P/Case Shiller’s monthly report showed that home prices are still improving. But David Goldberg, building and building products analyst at UBS, said the group is still overvalued by 10 to 15 percent. What does this mean for the homebuilder stocks going forward?
The XHB closed lower Friday after a major homebuilder sparked fresh worries about the housing market. Is the dip an opportunity or a warning?
We may like to refer to them as the "beleaguered big builders," but in fact many of the top names in home building are sitting on piles and piles of cash.
The National Association of Home Builders says its housing market index increased for the second month in a row in May, reflecting growing optimism on the part of many builders
It’s time to get into home builder stocks, said Jim Wilson, managing director at JMP Securities. Mike Crofton, CEO of Philadelphia Trust Company, disagreed — but had some housing-related picks of his own.