Archive
Pulte Beats 4Q Estimates on Both Earnings and Revenue
Pulte reported a strong 4Q 2014 with earnings and revenue that were higher than the year ago period and above analyst expectations. Profit clocked in at $217.1M or 58 cents
MDC Logs 4Q Earnings Miss
MDC Holdings, which builds under the brand name Richmond American Homes, reported 4Q 2014 earnings of $14.6M or 41 cents per share (adjusted up from 30 cents per share to
Use of Incentives to Move Homes Accelerates
As earnings season progresses, it is becoming apparently clear that there is widespread margin compression, to varying degrees, among the public homebuilders due to decreased pricing power, increases in build
Conventional Financing Gains Ground
In another sign of the increasing health of the housing market, the share of mortgage financing made through conventional loans continues to expand. In 2011, at a low point, the
Building Activity Steps Up in the OC
OC has been a hub of new home construction activity so far this cycle, and the pace seems to be accelerating in reaction to strengthening housing market conditions. In this
DR Horton Reports Strong 1Q Earnings
Homebuilding bellwether, DR Horton, the largest homebuilder by revenue in the country, reported earnings of 39 cents a share or $142.5M for its fiscal year first quarter. This was up
Marblehead Gets Going Again
Early last year, Marblehead, a coveted piece of coastal California real estate located in San Clemente, traded hands from Lehman Brothers Holdings to merchant-builder Taylor Morrison in a deal valued
Single-Family Starts Strong in December
The seasonally adjusted annual pace of single-family starts came in at 728,000 units for December. This figure is the highest level since March 2008 and a positive sign for the,
Homebuilder Sentiment Remains Steady
Although the NAHB index of homebuilder sentiment slipped a point in January to 57, it has stayed buoyed at relatively high levels with readings above 50 for the past seven
Building Industry Converges in Vegas
As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for
