Articles Tagged with ''housing investment''

Housing investment pulls GDP down in first quarter

Second estimate revises downward
The already-lower gross domestic product in the first quarter of 2018 was revised downward Wednesday. The downward revision can be contributed to a drop in housing investment, however one expert explained he expects GDP to see a strong rebound in the second quarter.
Read More

Distressed sales down to just 9% of homes sold

REO sale share now the lowest since September 2007
Distressed sales, which include real estate-owned properties and short sales, accounted for 9.4% of total home sales nationally in July 2015, down 2.1 percentage points from July 2014 and down 0.4 percentage points from June 2015.
Read More

American Homes 4 Rent misses earnings expectations

Posts net loss of $12.8M on $110.4M 3Q14 revenues
A leader and pioneer in the field of single-family rental securitizations, American Homes 4 Rent reported third quarter earnings per share of $0.15, missing analyst expectations by $0.02, but with revenue for the quarter printing at $110.4 million versus the consensus estimate of $109.2 million. The company had a net loss of $12.8 million for the third quarter of 2014.
Read More