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The housing market recovery is gaining momentum, but it's not your average homebuyer behind the push, it's investors.Low interest rates and recuperating home prices have investors flocking to the market to find bargains and they're pricing out traditional buyers.But just like any competition, there are winners and losers in the recent shift and surge in the real estate market."Investors are increasingly putting money into residential properties because they see it as a lucrative investment," says Deonta Smith, an analyst at market research firm IBISWorld. "Investors are purchasing foreclosed and existing homes that need a lot of work, fixing them up and renting them until prices increase."According to the National Association of Realtors, all-cash home purchases, typically the domain of investors, made up roughly 32% of sales nationally in March 2013 compared to around 20% in 2009.Because investors are flooding the existing home market, it's driving up prices, sparking bidding wars in ...
Thanks to improving house and jobs data, a pair of the best-performing sector ETFs in 2012 have been those with heavy exposure to the residential real estate market....
Covestor model: Long Only Sector Rotation Disclosure: RL, PHM, LEN, BACIn August, we closed some positions in defensive stocks. We sold Monster Beverage (NASDAQ:MNST...
Even though much of Wall Street seems to be hoping for a Romney upset this November, there will be clear winners in the stock market no matter who controls the White...
I'd have to say this past week was pretty interesting. Kind of gloomy and then – wham! – a big comeback day on Friday.In fact, overall, I'd still say the situation i...
FOX Business: The Power to ProsperBreaking through resistance and sluggish August sentiment, the S&P 500 leaped to its highest level since early April on Thursday as...
FOX Business: The Power to ProsperCheering positive comments out of the beleaguered eurozone and Cisco's (NASDAQ:CSCO) upbeat outlook, Wall Street generated solid ga...
Homebuilder stocks surged Thursday as upbeat second-quarter earnings from PulteGroup Inc. and Meritage Homes Corp. helped lift the sector a day after it was roughed ...
With 89% of stocks ending lower on Monday, the U.S. stock market was arguably oversold. Stocks tried to rally back on Tuesday, but trading was choppy at best in the ...
Mike Kalis thinks everyone has the potential to be an artist."Whether you're answering phones or managing or putting deals together, it's all the same. You just have...
Investors received a dose of economic reality on Tuesday as a slew of indicators sent a reminder through the markets that while the U.S. economy is staying afloat be...
Sri Rama, Thomson Reuters quantitative research analyst, on how he makes his earnings predictions, and his take on recent outlooks diminishing.
Sales of existing homes slumped to a six-month low in May even as prices continued to drop, a new industry report showed on Tuesday, underscoring the deep hole the h...
Over the past two years, few if any sector ETFs have rivaled the iShares Dow Jones U.S. Home Construction Index Fund (NYSE:ITB) and the SPDR S&P Homebuilders ETF (NY...
PulteGroup Inc. (PHM) swung to a first quarter-profit after the builder sold more homes at higher prices, but its orders appeared weak compared to the robust results...
Over the past year, stocks viewed as plays on a residential real estate resurgence, have, well, been resurgent. So have the ETFs these stocks call home.In that time,...
Money Map Press’ Keith Fitz-Gerald on the housing market and outlook for the U.S. economy.
Coming off a year in which it was one of the top-performing ETFs of any stripe, the iShares Dow Jones U.S. Home Construction Index Fund (NYSE:ITB) has kept the good ...
Carrington Investment Services Executive V.P. Chris Whalen on the impact of the foreclosure abuse settlement and Basel III on the financial sector.
First, Happy New Year to everyone. I'm hoping you find 2013 to be even better than the past 12 months.The market is certainly doing its part, and once the "Cliff" dr...
