BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[New home sales rose less than expected last month]]>http://www.bloggingstocks.com/2009/09/25/new-home-sales-rose-less-than-expected-last-month/http://www.bloggingstocks.com/2009/09/25/new-home-sales-rose-less-than-expected-last-month/http://www.bloggingstocks.com/2009/09/25/new-home-sales-rose-less-than-expected-last-month/#commentsFiled under: , ,

The housing market got two pieces of bad news Friday. The first being weaker-than-expected earnings for KB Home (NYSE: KBH) and the second being a less-than-expected rise in new home sales last month.

First, the good news. New home sales did rise last month. In the current economic environment, that by itself is good news. Unfortunately the rise was less than analysts had been expecting to see.

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New home sales rose less than expected last month originally appeared on BloggingStocks on Fri, 25 Sep 2009 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredhome buildershome buyershome salesHomeBuildersHomeBuyershousinginthenewsKB HomeKBHnew homesreal estaterecessionFri, 25 Sep 2009 13:30:00 EST<![CDATA[KB Home third quarter earnings preview]]>http://www.bloggingstocks.com/2009/09/24/kb-home-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/09/24/kb-home-third-quarter-earnings-preview/http://www.bloggingstocks.com/2009/09/24/kb-home-third-quarter-earnings-preview/#commentsFiled under: , , , , , ,

KB Homes third quarter earnings previewCalifornia based home builder KB Home (NYSE: KBH) will have its turn to impress Wall Street Friday morning when it reports its third quarter earnings numbers.

The last time that KB Home reported earnings was back on June 26 when it missed analyst estimates miserably. Analysts had been expecting to see the company show a loss of 64 cents per share for its second quarter, but the actual earning were much worse, with a loss of $1.03.

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KB Home third quarter earnings preview originally appeared on BloggingStocks on Thu, 24 Sep 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsearnings previewEarningsPreviewhome buildershome salesHomeBuildersHomeSaleshousinginthenewsKB HomeKBHKbHomenew homesNewHomesThu, 24 Sep 2009 16:20:00 EST<![CDATA[Toll Brothers shares rise as overall market slips]]>http://www.bloggingstocks.com/2009/08/28/toll-brothers-shares-rise-as-overall-market-slips/http://www.bloggingstocks.com/2009/08/28/toll-brothers-shares-rise-as-overall-market-slips/http://www.bloggingstocks.com/2009/08/28/toll-brothers-shares-rise-as-overall-market-slips/#commentsFiled under: ,

Shares in Toll Brothers (NYSE: TOL) struggled to hold onto ground gained early in the trading session, a day after the luxury home-builder reported a much larger quarterly loss. Shares rallied shortly after the morning bell on comments from Toll on Thursday that it sees the U.S. housing market beginning to stabilize.

Trading volume hit a peak just before 10 a.m. ET when 95,000 shares traded hands. But a new survey showing a decline in consumer confidence helped push trading volume lower and the stock dipped into negative territory before resuming positive gains.

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Toll Brothers shares rise as overall market slips originally appeared on BloggingStocks on Fri, 28 Aug 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>D.R. hortonDHIhovnanian enterprisesinthenewsnew constructionnew homesreal estateFri, 28 Aug 2009 16:40:00 EST<![CDATA[U.S. housing starts fall to 17-year low]]>http://www.bloggingstocks.com/2008/09/17/u-s-housing-starts-fall-to-17-year-low/http://www.bloggingstocks.com/2008/09/17/u-s-housing-starts-fall-to-17-year-low/http://www.bloggingstocks.com/2008/09/17/u-s-housing-starts-fall-to-17-year-low/#commentsFiled under: , ,

U.S. housing starts fell again in August, indicating that the worst housing slump in a generation will continue to weigh on the U.S. economy.

Starts of new homes declined 6.2% in August to a seasonally-adjusted annual rate of 895,000, the U.S. Commerce Department announced Wednesday. It was the lowest new home start rate in 17 years (pdf).

Economists surveyed by Bloomberg News had expected housing starts to total a 950,000 annualized rate in August.

Meanwhile, starts of single-family homes fell 1.9% to a 630,000 annualized rate.

Economist Glen Langan said the housing market remains "a terrible market if you're trying to sell a home, and still a risky market if you're thinking of buying a home."

"Conditions vary by region, but in general the U.S. housing market remains in a deep slump. Unless you absolutely have to or you find your 'dream house,' it makes sense to a wait a few months to see if the market stabilizes, mortgage availability factors being equal," Langan said. "In most regions of the U.S. home prices and sales are falling and that's why we're seeing a declining rate of new home starts by home builders."

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U.S. housing starts fall to 17-year low originally appeared on BloggingStocks on Wed, 17 Sep 2008 14:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>constructiongdphome buildershousing startsinthenewsinventoriesmedian home pricesnew homesU.S. Commerce DepartmentU.S. economyWed, 17 Sep 2008 14:15:00 EST<![CDATA[February U.S. new home sales fall to 13-year low]]>http://www.bloggingstocks.com/2008/03/26/february-u-s-new-home-sales-fall-to-13-year-low/http://www.bloggingstocks.com/2008/03/26/february-u-s-new-home-sales-fall-to-13-year-low/http://www.bloggingstocks.com/2008/03/26/february-u-s-new-home-sales-fall-to-13-year-low/#commentsFiled under: , ,

U.S. new home sales fell to a seasonally adjusted, annualized pace of 590,000 in February 2008 -- a 13-year low, the U.S. Commerce Department announced Wednesday (click here for the pdf).

Economists surveyed by Bloomberg News had expected February 2008 new home sales to register a 575,000 annualized rate.

Sales have now declined for four consecutive months, and are down about 30% in the last 12 months.

Meanwhile, January 2008 sales were revised up slightly, to 601,000 from the earlier released 588,000.

The number of homes on the market declined 2.1% to 471,000, the lowest level since July 2005. Also, the median sales price fell 2.7% in February 2008 to $244,100.

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February U.S. new home sales fall to 13-year low originally appeared on BloggingStocks on Wed, 26 Mar 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>home priceshousinghousing sectorinthenewsinventoriesnew homesU.S. Commerce DepartmentWed, 26 Mar 2008 12:30:00 EST