Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&...
Tag: Residential Building Construction
The U.S. housing market is teetering on recession. Will the economy soon follow?
The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the exact same script twice. The weakening housing market is undo...
The 7 Worst Housing Markets in America, According to Lennar
Text size Rising mortgage rates are dragging on the housing market. Justin Sullivan/Getty Images Jersey and Florida are hot. Housing in Austin and Seattle is not, according to the co-CEO of the U.S.’s...
The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks.
My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a tw...
Softer Housing Sales Are Hammering Demand for Lumber
Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...
Lumber Prices Slump With Rising Interest Rates
Lumber prices have come crashing down in a new sign of how rising interest rates are deflating markets that boomed during the pandemic. Wood prices were a leading indicator of the supply-chain problem...
Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks to Watch This Week
Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...
Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks for Investors to Watch This Week
Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...
We have $5 million in savings and earn nearly $7,000 a month. Should we spend over $2.1 million to build our dream home?
We are thinking about building a modern home on 26 acres in the Texas Hill Country. We would pay cash; the estimated costs to build excluding the land is $2.1 million. Including land, it would be clos...
Tesla, AT&T, Netflix, Bank of America, IBM, and Other Stocks to Watch This Week
Text size First-quarter earnings season picks up next week, with 67 S&P 500 companies scheduled to report. Bank of America will be Monday’s highlight, followed by Netflix , Johnson & Johnson ...
Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.
Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice. Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...
Opinion: These 2 numbers sum up why the housing market won’t get back to normal for a long time
Last week I got a letter in the mail. Like you, I’m surprised this still exists as a practice but desperate times call for desperate measures: Courtesy Ben Carlson Now I would like to think our house ...
Victims in Colorado Fire Face High Building Costs Exceeding Insurance Coverage
Rising construction costs will push the price tag for rebuilding after Colorado’s most destructive wildfire beyond the insurance coverage of some homeowners, according to construction, insurance-indus...
Home Builders Are the Cheapest Stocks Around. Is It Time to Buy?
Construction workers on a Toll Brothers home in Boca Raton, Fla. Toll and other home builders currently trade near book value. Joe Raedle/Getty Images Text size The housing market is still robust, but...