Wednesday, April 7, 2010 as of 11:14 AM ET
D.R. Horton is the largest homebuilder in the United States based on its 18,839 homes closed in the 12-month period ended March 31, 2010. Founded in 1978 by Donald R.
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So long as the eurozone debt saga doesn't spiral out of control, some housing-market observers are growing increasingly confident the tepid rebound the industry is now experiencing is legit.
In fact, there now stands a reasonable chance the sector of the economy where this entire global mess began will actually add to U.S. gross domestic product this year for the first time in six. "We're in the seventh year for corrections for housing and corrections don't last forever," said Russell Price, senior economist at Ameriprise Financial (NYSE:AMP). "I think we're really coming to a floor for the housing market."The stronger-than-expected yet choppy improvements in the U.S. economy in recent quarters may have finally planted the seeds for enough positive momentum in the housing market.While they are far from healthy and subject to frequent revisions, government labor indicators suggest the jobs market has improved, potentially giving consumers the courage to purchase a home. These upbeat dev...FOX Business: The Power to ProsperThe markets shed morning losses and rose into the green in afternoon trading as energy and materials shares got a lift from rallyin...
National Association of Homebuilders CEO Jerry Howard weighs in on the state of the housing market.
D.R. Horton Inc (NYSE:DHI.N), the top U.S. homebuilder, posted a first-quarter profit that beat market expectations, helped by a surge in orders indicating a stabili...
Shares of a handful of home builders spiked higher Tuesday, driven by news that new home construction rose in November to the highest annual rate since April 2010. A...
D.R. Horton (NYSE:DHI) said Friday it swung back into the black in its fiscal fourth quarter as the home builder benefited from closing more contracts and booking mo...
FBN’s Diane Macedo on the Labor Department’s investigation into the pay practices of homebuilders.
Toll Brothers Inc (NYSE:TOL) posted a higher quarterly profit, helped by a rise in orders, but the U.S. luxury builder narrowed its home delivery outlook for the yea...
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NEW YORK (Reuters) - D.R. Horton Inc's <DHI.N> quarterly profit rose, helped by a tax benefit.The biggest U.S. homebuilder by closings in 2010, Horton posted on Frid...
Susan Wachter, of the University of Pennsylvania, on the USDA offering loans without down payments and 100% financing, and why they raise concerns for the housing market.
NEW YORK -(Dow Jones)- NVR Inc.'s (NVR) fourth-quarter earnings fell 3.2% as the home builder reported a lower profit at its mortgage-banking business, though its ho...
NEW YORK -(Dow Jones)- D.R. Horton Inc. (DHI) swung to a fiscal first-quarter loss as the home builder was hurt by sharply lower home-sale revenue in the absence of ...
Here are nine stocks that set 52-week highs:The share price of American Eagle Outfitters (NYSE:AEO) climbed today, reaching and then surpassing its previous 52-week ...
PulteGroup Inc. rallied over 5% on Tuesday, leading homebuilder stocks higher as new home sales data came in above estimates. Lennar Corp. shares gained 3.2%, D.R. H...
FBN’s Sandra Smith breaks down whether the market can maintain the gains from the beginning of 2012.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Investors bid up Lennar and other U.S. homebuilders Tuesday, with Lennar gaining 4% to $27.52 in early trades after its CEO said the market is stabilizing. Lennar re...
FOX Business: The Power to ProsperDespite ending the week on a high note, the blue-chip average posted its worst week since December amid swelling anxiety about glob...
FBN's Cheryl Casone and Nicole Petallides weigh in on U.S. stocks.
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