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Posts tagged "homes"

The Closing Bell: Housing Kills the Rally (ADBE, MSFT, BRCD, IBM)

Filed under: After the Bell, Major Movement, Microsoft (MSFT), Adobe Systems (ADBE), S and P 500, DJIA, NASDAQThe Federal Housing Financial Agency reported home prices reached their lowest point in nearly six years. For the twelve months ending in July...

Pending Home Sales Surge 21.1% in March

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Pending home sales rose 21.1% in March over 2009 numbers. The big driver was the expiration of the first time home buyer credit. Contracts...

Survey: Economic Recovery to Drag Through 2011

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Associated Press logoAccording to an Associated Press survey of leading economists, jobs and home values will stay unstable into 2011. The survey indicates that the recovery is going to continue trudging along through the year, which should prompt...

End in Sight for the Foreclosure Crisis?

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Over the past couple of years, one of the most troubling aspects of the economy has been the ailing housing market, and in particular the large volumes of homes that have fallen victim to the foreclosure crisis. Finally we get some...

KB Home narrows loss but misses estimates

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Shares of California-based homebuilder KB Home (NYSE: KBH) sold off Friday morning after the company failed to meet analyst estimates for its third quarter.

As we noted in...

Mortgage applications jump

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mortgage applicationsIn another sign that the housing market may be emerging from its slump, applications for mortgages rose last week by a nice 12.8...

New home sales rise in July

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july 2009 new home salesJuly was a good month for new home sales, which saw an increase of 9.6 percent during the month.

Before we...

Construction of single family homes rises in July

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single family home constructionThere was in increase in...

Homebuilder confidence hits 12 month high

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homebuilder confidence hits 1 year highHomebuilder confidence hit a 1 year high today, providing another sign that the worst...