Goldman Sachs sent an email to clients advising that growth in residential investments through 2016 will be solid, though not as strong as they originally hoped. Plus, this growth will likely curtail in the years immediately following, as the included chart notes.
The nation’s homebuilders’ confidence in the market for newly constructed single-family homes continued rising in October, to a level not seen since before the housing crisis began. Here's why they're so confident right now.
Lennar witnessed a strong third-quarter thanks to a growing demand for new homes. Not only did the homebuilder's net income for the three months through August hit $223.3 million, but it beat analyst estimates.
While inventory is tight and homebuilders are rushing to keep pace with demand, there are still a handful of factors that need to come together in order to be successful. Which way will homebuilder stocks go?
Homebuilder Lennar Corporation reported results for its first quarter, beating earnings expectations despite difficult weather situations and tough housing markets. And according to the CEO, there is good news for the spring buying season.
Due to more first-time homebuyers struggling to secure home financing, this new strategy from Lennar might be the key to boosting its upcoming earnings. Sterne Agee analyst Jay McCanless gave his forecast for what the market could expect to see from the homebuilder.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More