NEW YORK (Reuters) - D.R. Horton Inc <DHI.N>, the No. 2 U.S. homebuilder, reported a much larger-than-expected quarterly loss on Friday, sending its shares down 13.5 percent even though it also said orders increased.
Tuesday, 10 Nov 2009 | Source: The Associated Press
Toll Brothers says buyers signed 42 percent more contracts to buy new homes in its fourth fiscal quarter, but revenue dropped because the luxury builder has fewer communities around the country.
Executive compensation - particularly bonuses - has been the source of much fury both on Capitol Hill and on Main Street. The Obama administration has also set it sights on these pay packages, most recently by cracking down on executive compensation at bailed-out firms. Given the attention being paid to multi-million dollar paydays, CNBC.com enlisted the help of Equilar, an executive compensation research firm, to find out which executives received the most massive bonus payouts of the decade.
Thursday, 8 Oct 2009 | Posted By:
Jeff Cox | Source: CNBC.com
Continued signs of stabilization in the market, from a reversal of falling home price to a tightening in credit spreads, have analysts optimistic about the builders' future. No wonder the sector is hot.
Friday, 25 Sep 2009 | Source: The Associated Press
New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations and providing more evidence the housing market recovery remains tentative.
Stocks resumed their ascent Friday, after snapping the week's winning streak on Thursday, as investors braced for a volatile day due to quadruple witching.
Thursday, 20 Aug 2009 | Posted By:
Albert Bozzo | Source: CNBC.com
Though sales of existing homes appear to be bouncing back— as cheap foreclosure properties attract buyers—the market for new homes is stuck below sea level.
The Chinese market is likely to fall 25 percent, taking U.S. stocks with it, with the S&P 500 possibly falling below 800, Robin Griffiths, technical strategist at Cazenove Capital, said Monday. But then U.S. indexes will rise again for a substantial amount of time, with the Dow estimated to rise to 1,250, he added.
Tuesday, 16 Jun 2009 | Source: The Associated Press
Fresh signs that the economy is stabilizing emerged Tuesday in reports that home construction rose more than expected last month and wholesale prices remain in check.
To give a full perspective on the state of the housing market, former HUD Secretary Henry Cisneros gives his expert perspective on where we are in the housing crisis and the important things to look for going forward.... Read More