Housing

Nikesh Arora, president and chief operating officer of Japan's SoftBank Group Corp (OTC: SFTBF) is stepping down amid pressure from investors, according to a company press release. The departure of Arora, who was Chief Executive Masayoshi Son's handpicked successor, will assume an advisory role,...

In a new blog post, A Wealth of Common Sense’s Ben Carlson argues that there’s never been a better time to buy a house. Surprisingly, housing prices have nothing to do with his argument. “Everything is online these days, and you can typically see 20–30 pictures of every...

Lennar Corporation (NYSE: LEN) on Monday reported a stronger-than-expected third quarter print in which the company earned $0.96, exceeding the consensus estimate of $0.81. Patrick Kealey, Jr. of FBR maintained an Outperform rating on the stock with a price target raised to $60 from a...

Home builder confidence dipped slightly in February on weather-related concerns, a trade group said Tuesday. Separately, home sales in January were 3.9 percent below those of a year earlier, according to a survey of 53 metro areas by the residential real estate franchise company Re/Max. The...

TD Ameritrade Chief Strategist JJ Kinahan says there is one big problem with oil at its current prices that no one is talking about. The Positives In the short-term, Kinahan told Benzinga it’s really about the consumer with oil prices. That means consumers will see airlines doing well...

Following its scheduled policy meeting June 17-18, the Federal Reserve announced that it would continue tapering its QE program. This prompted a rise in equities as investors view the decision as a signal of policymakers' faith in the strength of the recovery. Fed Chair Janet Yellen took...

As winter's icy grip becomes a fading memory, is the housing sector ready to warm up? The homebuilder ETF (NYSE: XHB) may be giving a clue to that question. Given that housing starts for April were up over 13 percent month-over-month, and new permits hit their highest level in nearly six...

The Federal Housing Finance Agency (FHFA) has settled the smallest securities fraud suit that remained of the 18 it had filed back in 2011, regarding mortgage-backed securities sold to Fannie Mae and Freddie Mac. First Horizon National (NYSE: FHN) on Tuesday agreed to pay $110 million, which is...

There are a number of ways to invest in your home, and incorporating energy-efficient technology has gained a lot of traction. The growth of LEED buildings across the country has been exponential, Julie Jacobson, a real estate agent for national real estate brokerage Redfin, told Benzinga. The...

Recent housing market data has been broadly negative. Despite some analysts blaming "'weather" or other causes that imply that really, just around the corner, housing will come roaring back, nothing in the data suggests that's true. Housing starts, mortgage applications, sales of existing...

On Wednesday, the U.S. Commerce Department released its housing data which showed sales of single-family homes dropped 14.5 percent in March.  The seasonally adjusted rate of 384,000 sales is the lowest since the summer of 2013 which has some economists worried about weakening demand. As a...

Light-emitting diodes, or LEDs, are often touted as a new technology; but in truth they've been around for a half-century or more. It's only been in the past several decades that they've been able to catch up and surpass a lot of the more traditional electric light sources we've used....