Housing stocks were mostly up on what has been a solid year of recovery in housing, but traders were still not happy about Impac's decision to cut staff and physical locations to focus more on its online services.
Riding on the coattails of two very impressive third-quarter earnings reports from homebuilders, Lennar and KB Home, real estate-related stocks closed the day with positive movement on the HW 30 index.
Monday was a solid day for the HW 30 index — HousingWire’s exclusive index of stocks impacting the housing economy — which rose a modest 0.89% by market close. In comparison, the Nasdaq closed down 0.12%, while the S&P 500 was up 0.57% by the end of trading.
Mere stats don't tell the real story of these outstanding leaders. They represent the whole spectrum of the housing economy, from real estate agents to originators to nonprofits. They lead companies, mentor others and give back to their communities. Read on to find out how each one is inspiring..
HousingWire covered the introduction of Costco into the mortgage lending space and it made the industry nervous. Lenders openly asked each other at conferences, “Who will be next? Google, Apple?” Well, that never happened. Here's the story why, in long-form feature. Read More
From both an operational and regulatory standpoint, the industry continues to progress as new technological advancements are made and new regulations and policies are implemented. While it is important to change with the times, it is equally important to define and maintain the very essence of your company’s own core vision and values, so that you can succeed regardless of the inevitable changes the industry will undergo. Read More