[ad_1] Rising mortgage rates and continued home price growth are hurting affordability and quickly becoming a toxic cocktail for home builders across the country.
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[ad_1] Bloomberg News / Landov Entrepreneurs are working on a KB Home project. Builders started building 6.4% more homes this year compared to the same period last year. Numbers: The monthly index …
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[ad_1] FILE – In this May 7, 2009 file photo, homes built by D.R. Horton Inc. are shown in Cahndler, Ariz. Major homebuilders are taking a beating on Wall Street as rising …
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[ad_1] The homebuilding sector dropped to a new low for the year after JP Morgan's Michael Rehaut downgraded a handful of companies, citing concerns over weakening real estate fundamentals. Rehaut reduced his …
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[ad_1] Numbers: The monthly confidence index of the National Association of Home Builders remained unchanged at 67 in September. What happened: The follow-up of the feeling of the builders corresponded to the …
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