Toll Brothers 4Q Profits Dive 77%, Top Views
The luxury home builder's profits slumped due to fewer tax adjustments, but revenue still soared 65% on more home deliveries.
Home Depot Hikes View as 3Q Profits Soar 43% on Housing Rebound
The U.S. housing recovery helped Home Depot beat on both the top and bottom lines for the 3Q, prompting the chain to raise its outlook.
Orders Dip 2% at D.R. Horton, 4Q Profits Soar by In-Line 39%
The largest U.S. homebuilder, reported a 2% drop in quarterly orders due to rising mortgage rates and policy uncertainty in Washington.
Rising Rates Spark 17% Drop in Pulte's New Orders; 3Q Profits Top Views
One-time tax gains boosted third-quarter profits, but Pulte's new orders slumped 17% due to higher mortgage rates.
Re/Max Flies Higher in NYSE Debut
Re/Max rallied 21% above its IPO price on its first day of trading, a sign investors are optimistic about the U.S. housing recovery.
Lennar Capitalizes on Housing Rebound as 3Q Profits Jump 39%
The No. 3 U.S. homebuilder revealed better-than-expected quarterly profits in the latest sign the U.S. housing market is recovering.
KB Home 3Q Profit Soars on Strong Revenue Growth
KB Home's 3Q profit soared more than 700% amid double-digit revenue growth and higher selling prices.
Pier 1 Imports Takes a Plunge After 2Q Miss, Outlook Cut
Management blamed a poor marketing strategy that failed to lure in new customers or alert old ones to sales.
A CEO Whose Passion Transcends Career
Zillow's Spencer Rascoff believes there’s more to life than work. He left two careers on Wall Street for one full of passion for entrepreneurship.
Here Lies Bank of America, Ex-Employees Allege
Several former Bank of America employees filed declarations in a federal court last week claiming the mortgage lender told them to lie to customers seeking loan modifications. The bank fired back, essentially calling them the liars.
Hovnanian Logs Surprise 2Q Profit as Deliveries Climb 18%
The home builder logged an unexpected quarterly profit and said revenue soared 24%.
Las Vegas Home Prices Spike As Market Rebounds
Home prices in Las Vegas and Phoenix, two of the hardest-hit cities when the housing market collapsed, are outpacing the U.S. rate by a significant margin.
Pushed at an Open House: My Trials and Tribulations as a First-Time Homebuyer
The housing market is shifting to favor sellers over buyers. These are the lessons of a first-time homebuyer.
Winners of the Investor-Led Housing Recovery
Low interest rates and recuperating home prices have investors flocking to the market to find bargains and they’re pricing out traditional buyers.
Phoenix-area residents can make big bucks renting homes for Super Bowl, but competition fierce
Hundreds of people gather every year to hobnob with A-list celebrities at a charity bash thrown in the Super Bowl's host city.
Another JPMorgan Settlement? Bank Talks $6B Deal With Large Investors
The talks could lead to a settlement worth about $6 billion with institutional investors like BlackRock and Pimco.
Barclays, Wachovia to Pay $378M to Settle U.S. Mortgage Claims
British bank Barclays Plc and U.S. bank Wachovia, now part of Wells Fargo & Co , will pay a combined $378 million to resolve claims over toxic mortgage-backed securities sold to now-failed credit unions, a U.S. credit union regulator said on Monday.
Deja Vu for Lax Lending Standards?
The fear now is that once the Fed bumps interest rates higher and mortgage rates follow suit banks will lower their lending standards to offset the higher costs of borrowing and attract customers.
Refinancing Activity Plummets -- Should Banks Be Scared?
The refinancing boom that followed the drop in interest rates was a big revenue booster for banks. But clearly, the party is over.
Bank of America's 4Q Profits Soar as Mortgage Losses Tumble
The second-largest U.S. bank, reported a huge increase in fourth-quarter profits, driven by a steep fall in provisions to cover bad loans.














