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	<title>Stock Blog Hub &#187; Residential Construction</title>
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	<link>http://www.stockbloghub.com</link>
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		<title>(MTH) Meritage Homes Issues Notes</title>
		<link>http://www.stockbloghub.com/2012/04/19/mth-meritage-homes-issues-notes/97014</link>
		<comments>http://www.stockbloghub.com/2012/04/19/mth-meritage-homes-issues-notes/97014#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:44:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97014</guid>
		<description><![CDATA[Home builder Meritage Homes Corporation (MTH) recently announced that it will redeem its 6.25% senior notes due 2015 carrying an aggregate principal amount of $285 million. In order to pay off this debt, the company will raise another debt comprising senior unsecured notes due 2022 carrying a coupon rate of 7% and an aggregate principal amount of $300 million. The closing date for this notes issue is April 10, 2012. The remaining proceeds from the 7% notes issue together with the current cash in hand will be used for repurchasing approximately $26 million aggregate principal amount of the company’s outstanding 7.731% Senior Subordinated Notes due 2017. Adjusting for the above transactions, management estimated that the balance sheet as of December 31, 2011 would have reflected approximately $313 million of cash ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/mth-meritage-homes-issues-notes/97014/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(KBH) KB Home &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/03/05/kbh-kb-home-bear-of-the-day-2/94245</link>
		<comments>http://www.stockbloghub.com/2012/03/05/kbh-kb-home-bear-of-the-day-2/94245#comments</comments>
		<pubDate>Mon, 05 Mar 2012 15:20:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94245</guid>
		<description><![CDATA[KB Home (KBH) faces a fragile housing market. Increased availability of housing alternatives may keep the company&#8217;s earnings under pressure. Furthermore, the company&#8217;s housing market is highly concentrated, which poses threats to its earnings performance. The company did post a profit of $0.18 per share during the fourth quarter of fiscal 2011, which was much higher than the Zacks Consensus Estimate of $0.03. Nevertheless, the negative factors have led us to downgrade the recommendation on shares of KB Home from Neutral to Underperform with a target price of $10.00. Our long-term Underperform recommendation on the stock indicates that it will perform lower than the overall market. Our $10 target price, 25.0X our 2013 EPS estimate, reflects this view. KB HOME (KBH): Free Stock Analysis Report View original at: Zacks Investment ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/05/kbh-kb-home-bear-of-the-day-2/94245/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BZH) Stock Market News for December 30, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/03/bzh-stock-market-news-for-december-30-2011-market-news/89472</link>
		<comments>http://www.stockbloghub.com/2012/01/03/bzh-stock-market-news-for-december-30-2011-market-news/89472#comments</comments>
		<pubDate>Tue, 03 Jan 2012 19:25:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Beazer Homes USA Inc.]]></category>
		<category><![CDATA[BZH]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89472</guid>
		<description><![CDATA[Better housing data and a drop in four-week moving average of initial claims joined hands to guide the benchmarks higher yesterday, providing investors another hope that S&#38;P 500 might just end 2011 on a positive note. With yesterday’s gains, the Dow washed out the losses it suffered on Wednesday and sits comfortably in the green for the year. The Dow Jones Industrial Average (DJIA) jumped 1.1% to settle at 12,287.04. The Standard &#38; Poor 500 inched up 1.1% and finished yesterday’s trading at 1,263.02. The Nasdaq Composite Index closed at 2,613.74, moving up by 0.9%. Reflecting subdued fears in the markets, the fear-gauge CBOE Volatility Index dropped 3.7% and settled at 22.65. While investors stay busy in the festive mood, the Street yet again posted low volumes. Consolidated volumes on ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/03/bzh-stock-market-news-for-december-30-2011-market-news/89472/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TOL) Toll Brothers Takes Over CamWest</title>
		<link>http://www.stockbloghub.com/2011/11/23/tol-toll-brothers-takes-over-camwest/87447</link>
		<comments>http://www.stockbloghub.com/2011/11/23/tol-toll-brothers-takes-over-camwest/87447#comments</comments>
		<pubDate>Wed, 23 Nov 2011 17:25:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[HOV]]></category>
		<category><![CDATA[Hovnanian Enterprises Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87447</guid>
		<description><![CDATA[Toll Brothers Inc. (TOL) recently announced that it has acquired CamWest Development LLC. The company did not disclose the financial terms of the deal but stated that it will start reaping benefits from the acquisition in the upcoming year. CamWest is considered as one of the largest privately held home building companies in the Pacific Northwest. This acquisition will mark Toll Brothers’ entry into the Seattle market, which is both affluent and possesses a strong employment base. As a result of the acquisition, Toll Brothers’ existing backlog increased by around 1,500 lots (1,300 lots owned and 200 lots controlled) in King and Snohomish Counties. According to management, the acquisition will increase Toll Brothers&#8217; selling community count by approximately 15 communities. In the last reported quarter, Toll Brothers earned $3.9 million ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/23/tol-toll-brothers-takes-over-camwest/87447/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Housing Starts Slip Less Than Expected</title>
		<link>http://www.stockbloghub.com/2011/11/21/dhi-u-s-housing-starts-slip-less-than-expected/87153</link>
		<comments>http://www.stockbloghub.com/2011/11/21/dhi-u-s-housing-starts-slip-less-than-expected/87153#comments</comments>
		<pubDate>Mon, 21 Nov 2011 18:47:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87153</guid>
		<description><![CDATA[We got some fairly good news on the housing front this morning. Housing Starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%. But the number was much better than the expected level of 603,000. However, the September numbers were revised sharply lower from 658,000. Thus it looks like a lot of the starts we thought happened got pushed into October. So call the beat of expectations and the downward revisions a wash. Relative to a year ago, they are up 16.5%. The question is: Are the higher starts are being absorbed by the market? Or are they simply adding to inventory? That question should be answered on November 28th when we get the New Home Sales figures. If one looks ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/21/dhi-u-s-housing-starts-slip-less-than-expected/87153/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) Weakness Prevails in U.S. Housing</title>
		<link>http://www.stockbloghub.com/2011/10/06/dhi-weakness-prevails-in-u-s-housing/84158</link>
		<comments>http://www.stockbloghub.com/2011/10/06/dhi-weakness-prevails-in-u-s-housing/84158#comments</comments>
		<pubDate>Thu, 06 Oct 2011 16:12:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[Louisiana-Pacific Corporation]]></category>
		<category><![CDATA[LPX]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84158</guid>
		<description><![CDATA[The weaknesses prevailing in the housing and construction industry in the U.S. have once again come to the fore as the National Association of Home Builders lowered its September outlook. Poor employment growth, increased availability of foreclosed homes, strict mortgage lending rules and lower confidence have restricted the demand for new homes to an all-time low. Moreover, potential customers who are ready to buy homes are opting for pre-owned homes, given their affordable pricing. As a result, the purchases of pre-owned homes have increased almost 2% year over year during August to 5.03 million (annual rate), which in turn affected new home sales. New home sales for August were at a six-month low of 294,000 units (annualized growth). This trend has affected earnings in the recent quarters and is also ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/06/dhi-weakness-prevails-in-u-s-housing/84158/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. New Home Sales Move Down Slightly</title>
		<link>http://www.stockbloghub.com/2011/09/27/dhi-u-s-new-home-sales-move-down-slightly/84102</link>
		<comments>http://www.stockbloghub.com/2011/09/27/dhi-u-s-new-home-sales-move-down-slightly/84102#comments</comments>
		<pubDate>Tue, 27 Sep 2011 20:47:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84102</guid>
		<description><![CDATA[New Home Sales in August fell by 2.3% from July to a rate of 295,000. Relative to a year ago, sales are up 6.1%. While the year-over-year rebound is more than welcome, it is still a very dismal rate of new home sales. However, there was an upward revision to the July numbers of 4,000 to 302,000. Thus, relative to where we thought we were, it could be seen as a 1.0% decrease. The August level was also slightly better than the expected rate of 295,000. Regardless of the changes at the edges, this is still a very bad level. The 16 lowest months on record (back to 1963) for new home sales have all been in the last 16 months. New home sales have only exceeded the 400,000 level ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/27/dhi-u-s-new-home-sales-move-down-slightly/84102/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Housing Starts Down &#8211; Permits Up</title>
		<link>http://www.stockbloghub.com/2011/09/21/dhi-u-s-housing-starts-down-permits-up/83681</link>
		<comments>http://www.stockbloghub.com/2011/09/21/dhi-u-s-housing-starts-down-permits-up/83681#comments</comments>
		<pubDate>Wed, 21 Sep 2011 14:58:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83681</guid>
		<description><![CDATA[Housing Starts fell in August to a seasonally adjusted annual rate of 571,000 from 601,000 in July, a decrease of 5.0%. However, the July numbers were revised lower from 604,000, so it is possible to see the decrease as 34,000, or 5.5%. The number was also slightly below the expected level of 575,000. Relative to a year ago, housing starts are down 5.8%. Quite frankly, a year ago was also a pretty lousy time for the homebuilders, so the drop is off a pretty easy comp. Given the extremely depressed state of the housing industry, the decline is not good news. It does, however, mean less inventory is the pipeline, so there is sort of a silver lining in the dark cloud. That is helpful for the longer-term health of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/21/dhi-u-s-housing-starts-down-permits-up/83681/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TOL) Toll Brothers Misses Profit Estimate</title>
		<link>http://www.stockbloghub.com/2011/08/26/tol-toll-brothers-misses-profit-estimate/82118</link>
		<comments>http://www.stockbloghub.com/2011/08/26/tol-toll-brothers-misses-profit-estimate/82118#comments</comments>
		<pubDate>Fri, 26 Aug 2011 22:28:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[HOV]]></category>
		<category><![CDATA[Hovnanian Enterprises Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82118</guid>
		<description><![CDATA[Toll Brothers Inc. (TOL) reported a net income of $42.1 million or 25 cents per share during the third quarter of fiscal 2011 compared with a net income of $27.3 million or 16 cents per share in the year-ago quarter. Reported income in the 2011 quarter included a tax benefit of $38.2 million and that in the 2010 quarter included a tax benefit of $26.5 million. Excluding the tax benefits, adjusted income in the quarter was $3.9 million or 2 cents per share, a penny lower than the Zacks Consensus Estimate of 3 cents per share. Adjusted income in the last year quarter amounted to $0.8 million. Third quarter pre-tax income was $24.1 million (excluding write-downs and debt retirement charges of $16.8 million and $3.4 million, respectively) compared with $14.0 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/26/tol-toll-brothers-misses-profit-estimate/82118/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. New Home Sales Still Awful</title>
		<link>http://www.stockbloghub.com/2011/07/31/dhi-u-s-new-home-sales-still-awful/79926</link>
		<comments>http://www.stockbloghub.com/2011/07/31/dhi-u-s-new-home-sales-still-awful/79926#comments</comments>
		<pubDate>Mon, 01 Aug 2011 04:08:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79926</guid>
		<description><![CDATA[New Home Sales in May fell by 1.0% from May, to a rate of 312,000. Relative to a year ago, sales are up 1.6%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Also, there was a downward revision to the May numbers of 4,000 to 315,000. Thus, relative to where we thought we were, it could be seen as a 2.2% decrease. The June level was worse than the expected rate of 320,000. The fourteen lowest months on record (back to 1963) for New Home Sales have all been in the last fourteen months. New Home sales have only exceeded the 400,000 level three times since September of 2008, when the financial markets collapsed. The most recent time was in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/31/dhi-u-s-new-home-sales-still-awful/79926/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Housing Starts and Building Permits Rise</title>
		<link>http://www.stockbloghub.com/2011/07/20/dhi-u-s-housing-starts-and-building-permits-rise/79395</link>
		<comments>http://www.stockbloghub.com/2011/07/20/dhi-u-s-housing-starts-and-building-permits-rise/79395#comments</comments>
		<pubDate>Wed, 20 Jul 2011 15:30:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79395</guid>
		<description><![CDATA[Housing Starts rose in June to a seasonally-adjusted annual rate of 629,000 from 549,000 in May, an increase of 14.6%. However, the May numbers were revised lower from 560,000, so it is possible to see the increase as 69,000, or 12.3%. Relative to a year ago they are up 11.8%. Quite frankly, a year ago was also a pretty lousy time for the home builders, so the rise is off a pretty easy comp. Still, any increase is very welcome given the extremely depressed state of the housing industry. Provided, of course, that the homebuilders can actually sell the new houses they are building. We will find out about new home sales next week. If one looks at only single family houses, the picture was also encouraging. Single family starts ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/20/dhi-u-s-housing-starts-and-building-permits-rise/79395/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEN) Lennar Buys Distressed Debt</title>
		<link>http://www.stockbloghub.com/2011/07/08/len-lennar-buys-distressed-debt/78668</link>
		<comments>http://www.stockbloghub.com/2011/07/08/len-lennar-buys-distressed-debt/78668#comments</comments>
		<pubDate>Fri, 08 Jul 2011 20:47:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[BankAtlantic Bancorp Inc]]></category>
		<category><![CDATA[BBX]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78668</guid>
		<description><![CDATA[Lennar Corp. (LEN) recently acquired the distressed debt on the Century Grand project in Doral through one of its affiliates named Flordade LLC. State. The mortgaged property, which was purchased for an undisclosed sum, spans almost 153 acres of the Century Grand project. Before the purchase, the project was handled by homebuilder Sergio Pino with a plan to build approximately 4,600 town homes, 150,000 square feet of commercial space with residential facilities on top along with a charter school, a church and a recreational center. However, a foreclosure lawsuit valued at $65.6 million was filed against Atlas Property I LLC and  the CEO of Century Homebuilders in late 2009 by Wells Fargo Bank (WFC), acting as a representative for a group of lenders. Wells Fargo holds almost $40 million of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/08/len-lennar-buys-distressed-debt/78668/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(KBH) KB Home&#8217;s Loss Widens</title>
		<link>http://www.stockbloghub.com/2011/06/29/kbh-kb-homes-loss-widens/77914</link>
		<comments>http://www.stockbloghub.com/2011/06/29/kbh-kb-homes-loss-widens/77914#comments</comments>
		<pubDate>Wed, 29 Jun 2011 20:44:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77914</guid>
		<description><![CDATA[KB Home (KBH) reported a net loss of $68.5 million or 89 cents per share in the second quarter of fiscal 2011, compared with a net loss of $30.7 million or 40 cents per share a year ago. However, excluding inventory impairments and land option contract abandonment charges of $20.6 million and a loss of $14.6 million on loan guaranty related to the company’s investment in South Edge, LLC, the adjusted net loss stood at $33.3 million or 43 cents per share, which is much wider than the Zacks Consensus Estimate of a loss of 32 cents per share. Total revenue fell 27% to $271.7 million, mainly driven by a 28% decline in housing revenues to $270 million. The decrease in housing revenues reflected a 29% decrease in the number ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/kbh-kb-homes-loss-widens/77914/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(KBH) KB Home Second Quarter 2011 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/06/29/kbh-kb-home-second-quarter-2011-earnings-preview/77574</link>
		<comments>http://www.stockbloghub.com/2011/06/29/kbh-kb-home-second-quarter-2011-earnings-preview/77574#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:09:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77574</guid>
		<description><![CDATA[KB Home (KBH) is scheduled to release its second quarter 2011 results before the market opens on June 29, 2011. Los Angeles, California-based KB Home realized a loss of 49 cents per share in the first quarter, which is wider than the Zacks Consensus Estimate of a loss of 27 cents per share. For the upcoming quarter, the Zacks Consensus Estimate for KB Home is pegged at a loss of 32 cents per share, which reflects an annualized improvement of 20%. The downside potential for the estimate, which can essentially be viewed as a proxy for future earnings surprises, is 28%. With respect to earnings surprises, the company missed the Zacks Consensus Estimate in the trailing four quarters. The average earnings surprise is 13.34% (downward direction), with substantial negative surprise ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/kbh-kb-home-second-quarter-2011-earnings-preview/77574/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TOL) Toll Brothers Faces Rating Cut</title>
		<link>http://www.stockbloghub.com/2011/06/29/tol-toll-brothers-faces-rating-cut/77783</link>
		<comments>http://www.stockbloghub.com/2011/06/29/tol-toll-brothers-faces-rating-cut/77783#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:34:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77783</guid>
		<description><![CDATA[Toll Brothers Inc. (TOL) has been recently downgraded by Standard &#38; Poor’s Rating Services to a &#8220;BB-plus&#8221; status from a prior &#8220;BBB-minus.” The cut in corporate credit rating implies the company’s weak prospects in the near term. The housing market is still in a fragile stage and thus the spring home sale season is likely to disappoint the homebuilders. Standard &#38; Poor, however, maintained its stable outlook on the company based on Toll Brothers’ satisfactory business profile and competitive advantage over other homebuilders in the industry. During the last reported quarter, Toll Brothers posted a net loss of $31.5 million or 19 cents per share compared with a net loss of $40.4 million or 24 cents per share a year ago. Revenues rose 3% year over year to $319.7 million, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/tol-toll-brothers-faces-rating-cut/77783/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TOL) U.S. Housing: Past and Future</title>
		<link>http://www.stockbloghub.com/2011/06/28/tol-u-s-housing-past-and-future/77727</link>
		<comments>http://www.stockbloghub.com/2011/06/28/tol-u-s-housing-past-and-future/77727#comments</comments>
		<pubDate>Tue, 28 Jun 2011 23:33:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Avalonbay Communities Inc.]]></category>
		<category><![CDATA[AVB]]></category>
		<category><![CDATA[Beazer Homes USA Inc.]]></category>
		<category><![CDATA[BZH]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[EQR]]></category>
		<category><![CDATA[Equity Residential]]></category>
		<category><![CDATA[HOV]]></category>
		<category><![CDATA[Hovnanian Enterprises Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[M-I Homes Inc]]></category>
		<category><![CDATA[MAA]]></category>
		<category><![CDATA[MHO]]></category>
		<category><![CDATA[Mid-America Apartment Communities Inc]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[RYL]]></category>
		<category><![CDATA[Ryland Group Inc.]]></category>
		<category><![CDATA[SPF]]></category>
		<category><![CDATA[Standard Pacific Corporation]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77727</guid>
		<description><![CDATA[I recently came across this piece written by Larry Kudlow, the host of two shows on CNBC. It is from June 20, 2005: “Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market. None of this has happened&#8230;[T]he homebuilders index has increased 76 percent over the past year, with particularly well-run companies like Toll Brothers (TOL) up about twice as much. The bubbleheads missed all this because they haven’t done their homework&#8230;. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/28/tol-u-s-housing-past-and-future/77727/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEN) Lennar&#8217;s Second Quarter Beats Estimates</title>
		<link>http://www.stockbloghub.com/2011/06/23/len-lennars-second-quarter-beats-estimates/77281</link>
		<comments>http://www.stockbloghub.com/2011/06/23/len-lennars-second-quarter-beats-estimates/77281#comments</comments>
		<pubDate>Thu, 23 Jun 2011 20:09:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77281</guid>
		<description><![CDATA[Lennar Corporation (LEN) reported net earnings of $13.8 million or 7 cents per share in the second quarter of fiscal 2011 ended May 31, 2011, compared with $28.7 million or 15 cents per share in the year-ago quarter. Reported earnings were higher than the Zacks Consensus Estimate of 4 cents per share. Total revenue in the quarter dropped 6.1% year over year to $764.5 million, due to poor performance across all the company’s reporting segments, except Rialto Investments. However, revenues exceeded the Zacks Consensus Estimate of $655 million. Homebuilding Revenues from the Home building segment declined 6.1% to $662.5 million. This was attributable to a 6.5% drop in home sales to $649.8 million and a 9% decrease in new home deliveries (excluding unconsolidated entities) to 2,652 units, partly offset by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/len-lennars-second-quarter-beats-estimates/77281/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) New Homes Sales Down Less than Expected</title>
		<link>http://www.stockbloghub.com/2011/06/23/dhi-new-homes-sales-down-less-than-expected/77288</link>
		<comments>http://www.stockbloghub.com/2011/06/23/dhi-new-homes-sales-down-less-than-expected/77288#comments</comments>
		<pubDate>Thu, 23 Jun 2011 20:05:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77288</guid>
		<description><![CDATA[New Home Sales in May fell by 2.1% from April, to a rate of 319,000. Relative to a year ago, sales are up 13.5%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Offsetting the decline was an upward revision to the April numbers of 3,000 to 326,000. Thus relative to where we thought we were, it could be seen as a 1.2% decrease. The May level was, however, substantially better than the expected rate of 305,000. Still, the 12 lowest months on record (back to 1963) for New Home Sales, have all been in the last year. We are up nicely from a year ago, but that was against an “easy comp,” as sales were inflated by the rush to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/dhi-new-homes-sales-down-less-than-expected/77288/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LEN) Lennar Second Quarter 2011 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/06/22/len-lennar-second-quarter-2011-earnings-preview/77116</link>
		<comments>http://www.stockbloghub.com/2011/06/22/len-lennar-second-quarter-2011-earnings-preview/77116#comments</comments>
		<pubDate>Wed, 22 Jun 2011 21:18:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77116</guid>
		<description><![CDATA[Lennar Corp. (LEN) announced that it will release its second quarter 2011 results before the market opens on June 23, 2011. Miami, Florida-based Lennar Corp. earned a profit of 14 cents per share in the first quarter, comprehensively beating the Zacks Consensus Estimate of a loss of 6 cents per share. For the upcoming quarter, the Zacks Consensus Estimate for Lennar Corp. is pegged at a profit of 4 cents per share, reflecting an annualized decline of 79%. The upside potential for the estimate, which can essentially be viewed as a proxy for future earnings surprises, is 25%. With respect to earnings surprises, the company significantly outdid the Zacks Consensus Estimate in the trailing four quarters. This is reflected in the average earnings surprise of 944.5%, with the highest generated ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/len-lennar-second-quarter-2011-earnings-preview/77116/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BZH) Homebuilders Settle Land Dispute</title>
		<link>http://www.stockbloghub.com/2011/06/20/bzh-homebuilders-settle-land-dispute/76802</link>
		<comments>http://www.stockbloghub.com/2011/06/20/bzh-homebuilders-settle-land-dispute/76802#comments</comments>
		<pubDate>Mon, 20 Jun 2011 15:24:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Beazer Homes USA Inc.]]></category>
		<category><![CDATA[BZH]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76802</guid>
		<description><![CDATA[Three of the largest homebuilders in the U.S., including Beazer Homes USA Inc. (BZH), KB Home (KBH) and Toll Brothers Inc. (TOL), have decided to pay lenders up to $340 million to meet their claims and settle legal actions related to a failed housing development deal near Las Vegas. Individually, Los Angeles-based KB Home will be required to pay approximately $216 million–$225 million to the lenders and is expected to incur net obligation charges between $216 million and $240 million. Beazer will reportedly pay an amount somewhere between $15.7 million and $17 million, while Toll Brothers is said to have reached a cash settlement for an undisclosed amount with lenders. Reportedly, another homebuilder, Arizona-based Meritage Homes Corporation (MTH) also owes $13.2 million to its lenders under the same bankruptcy settlement. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/bzh-homebuilders-settle-land-dispute/76802/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) New Home Sales Report Up But Still Ugly</title>
		<link>http://www.stockbloghub.com/2011/06/01/dhi-new-home-sales-report-up-but-still-ugly/74813</link>
		<comments>http://www.stockbloghub.com/2011/06/01/dhi-new-home-sales-report-up-but-still-ugly/74813#comments</comments>
		<pubDate>Thu, 02 Jun 2011 05:11:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74813</guid>
		<description><![CDATA[New Home Sales in April rose by 7.3% from April, to a rate of 323,000. Relative to a year ago, sales are down 23.1%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. In additional good news about the direction of new home sales, the March sales levels were revised up to an annual rate of 301,000 from 300,000. Thus, relative to where we thought we were, it could be seen as a 7.7% increase. The April level was substantially better than the expected rate of 300,000. Still, the 12 lowest months on record (back to 1963) for new home sales have all been in the last year. We are down sharply from a year ago, but that was against a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/01/dhi-new-home-sales-report-up-but-still-ugly/74813/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Existing Home Sales Up in April</title>
		<link>http://www.stockbloghub.com/2011/05/20/dhi-u-s-existing-home-sales-up-in-april/74568</link>
		<comments>http://www.stockbloghub.com/2011/05/20/dhi-u-s-existing-home-sales-up-in-april/74568#comments</comments>
		<pubDate>Fri, 20 May 2011 17:48:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74568</guid>
		<description><![CDATA[The existing home sales in the U.S. rose in April, marking the second consecutive month of improvement in previously owned homes. Total purchases of existing houses stood at a seasonally-adjusted annual rate of 5.2 million, up 2% from a seasonally-adjusted annual rate of 5.1 million a month ago. High unemployment, low customer confidence and tough credit rules have acted as driving forces behind this increased sale of pre-occupied homes in the current year. Consequently, construction of new homes was largely affected. In the first four months of the year, total permits issued for new homes totaled at a seasonally adjusted 126,400 units, down 22.2% year over year; new home starts totaled 125,500 units (seasonally adjusted), down 24.7% year over year; and total new homes completed during the period was 122,000 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/20/dhi-u-s-existing-home-sales-up-in-april/74568/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BZH) Stock Market News for May 4, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/05/04/bzh-stock-market-news-for-may-4-2011-market-news/73245</link>
		<comments>http://www.stockbloghub.com/2011/05/04/bzh-stock-market-news-for-may-4-2011-market-news/73245#comments</comments>
		<pubDate>Wed, 04 May 2011 18:09:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Beazer Homes USA Inc.]]></category>
		<category><![CDATA[BZH]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[Clorox Corporation]]></category>
		<category><![CDATA[CLX]]></category>
		<category><![CDATA[Cognizant Technology Solutions]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CTSH]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Molson Coors Brewing Company]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>
		<category><![CDATA[Sears Holdings Corporation]]></category>
		<category><![CDATA[SHLD]]></category>
		<category><![CDATA[TAP]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73245</guid>
		<description><![CDATA[On Tuesday, markets felt the pinch of disappointing quarterly results and the benchmarks slid a few points as investors feared profitability might drop over the coming quarters. Over the past couple of weeks, markets have remained upbeat, climbing to multi-year highs following robust corporate results. Additionally, a drop in crude prices weighed down the energy sector. The Dow Jones Industrial Average (DJIA) was the only gainer among the benchmarks as it edged up 0.2% to 12,807.51. The Standard &#38; poor 500 dropped 0.3% and the Nasdaq slipped 0.8% to settle at 1,356.62 and 12,807.51, respectively. After hitting its highest level in three years last week, the S&#38;P 500 has now declined for two-straight days. On the New York Stock Exchange, composite volumes were at 4.5 billion shares. For every one ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/04/bzh-stock-market-news-for-may-4-2011-market-news/73245/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) Home Prices Still Falling</title>
		<link>http://www.stockbloghub.com/2011/05/01/dhi-home-prices-still-falling/72469</link>
		<comments>http://www.stockbloghub.com/2011/05/01/dhi-home-prices-still-falling/72469#comments</comments>
		<pubDate>Mon, 02 May 2011 06:05:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72469</guid>
		<description><![CDATA[In February, home prices continued to slip, and the declines were widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.23% on a seasonally adjusted basis, and is down 2.60% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.18% on the month and is down 3.26% from a year ago. The second down leg of housing prices continues. Of the 20 cities, six were up on a month to month basis, and 14 were down. Year over year, though, just Washington DC areas saw a gain and the 19 others suffered losses. Washington DC was the strongest by far, with prices up 2.77% from a year ago. Boston was next best with a decline of 0.99%. This is the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/01/dhi-home-prices-still-falling/72469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DHI) U.S. New Home Sales Better &#8211; Levels Are Still Bad</title>
		<link>http://www.stockbloghub.com/2011/04/26/dhi-u-s-new-home-sales-better-levels-are-still-bad/72349</link>
		<comments>http://www.stockbloghub.com/2011/04/26/dhi-u-s-new-home-sales-better-levels-are-still-bad/72349#comments</comments>
		<pubDate>Tue, 26 Apr 2011 15:44:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72349</guid>
		<description><![CDATA[New Home Sales in March rose by 11.1% from March, to a rate of 300,000. Relative to a year ago, sales are down 21.9%. While the rebound is more than welcome, it is still a very dismal rate of new home sales. In additional good news about the direction of new home sales, the February sales levels were revised up to an annual rate of 270,000 from 250,000. That is still the worst month on record, but not by as big a margin. Thus, relative to where we thought we were, it could be seen as a 20.0% increase. The March level was substantially better than the expected rate of 280,000. The eleven lowest months on record (back to 1963) for new home sales have all been in the last ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/26/dhi-u-s-new-home-sales-better-levels-are-still-bad/72349/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. New Housing Starts and Permits Rise</title>
		<link>http://www.stockbloghub.com/2011/04/23/dhi-u-s-new-housing-starts-and-permits-rise/71884</link>
		<comments>http://www.stockbloghub.com/2011/04/23/dhi-u-s-new-housing-starts-and-permits-rise/71884#comments</comments>
		<pubDate>Sat, 23 Apr 2011 15:24:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71884</guid>
		<description><![CDATA[Housing Starts rose in March to a seasonally adjusted annual rate of 549,000 from 512,000 in February, an increase of 7.2%. Also, the February numbers were revised sharply higher from 479,000, so it is possible to see the increase as 70,000, or 14.6%. Relative to a year ago they are down 13.4%. Quite frankly, a year ago was also a pretty lousy time for homebuilders, so the fall is off a pretty easy comp. If one looks at only single-family houses, the picture was more or less the same, rising to 422,000 from 392,000 in February, a rise of 7.7%, and down 21.1% from a year ago. February starts were revised up from 375,000, so single-family starts are up 12.5% from where we thought they were last month.  The volatile ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/23/dhi-u-s-new-housing-starts-and-permits-rise/71884/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(KBH) Homes Crumble &#8211; Mortgage Applications Fall as Rates Rise</title>
		<link>http://www.stockbloghub.com/2011/04/10/kbh-homes-crumble-as-mortgage-rates-rise/70985</link>
		<comments>http://www.stockbloghub.com/2011/04/10/kbh-homes-crumble-as-mortgage-rates-rise/70985#comments</comments>
		<pubDate>Sun, 10 Apr 2011 15:48:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70985</guid>
		<description><![CDATA[The rising mortgage rates in the U.S. have pulled down the total mortgage applications in the country, thereby discouraging home buyers. The 30-year fixed mortgage rate increased slightly to 4.93% from 4.92% in the last week, leading to a 2% drop in mortgage application on a seasonally adjusted basis. The overall economic recovery has undoubtedly improved market conditions, making houses more affordable to consumers. But surprisingly this has not accelerated the housing activity much as a result of the twin problems of tight credit conditions and a considerable level of contract cancellations. The limited credit availability is a crucial factor behind the decline in home sales in the U.S. economy. The banks have been tightening their credit facility mostly because of tightened lending standards and uncertain economic prospects. In turn, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/10/kbh-homes-crumble-as-mortgage-rates-rise/70985/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTH) Meritage Homes Corporation Expands in Raleigh-Durham</title>
		<link>http://www.stockbloghub.com/2011/04/07/mth-meritage-homes-corporation-expands-in-raleigh-durham/70864</link>
		<comments>http://www.stockbloghub.com/2011/04/07/mth-meritage-homes-corporation-expands-in-raleigh-durham/70864#comments</comments>
		<pubDate>Thu, 07 Apr 2011 15:14:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70864</guid>
		<description><![CDATA[Meritage Homes Corporation (MTH) wants to expand in the Raleigh-Durham market of North Carolina, so it recently purchased 46 one-acre home sites at the Inwood Forest community in south Raleigh The Raleigh-Cary and Durham-Chapel markets have been named the No. 1 and No. 3 healthiest homebuilding markets for 2011, respectively, by Hanley Wood Market Intelligence. Model homes at Inwood Forest are expected to be inaugurated by September this year, while completed homes will be made available to homebuyers from early 2012 at prices ranging from the high $200,000s to the mid-$300,000s. The Phoenix-based homebuilder plans to make its Inwood Forest community extremely energy-efficient. In addition, a number of advanced building technologies would be incorporated in these homes that are generally found only in custom-made homes. For successful execution of plans, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/07/mth-meritage-homes-corporation-expands-in-raleigh-durham/70864/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(TOL) Toll Brothers and Deutsche Bank Buy Loans</title>
		<link>http://www.stockbloghub.com/2011/04/03/tol-toll-brothers-and-deutsche-bank-buy-loans/70495</link>
		<comments>http://www.stockbloghub.com/2011/04/03/tol-toll-brothers-and-deutsche-bank-buy-loans/70495#comments</comments>
		<pubDate>Sun, 03 Apr 2011 16:07:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70495</guid>
		<description><![CDATA[Gibraltar Capital and Asset Management LLC, a wholly owned subsidiary of Toll Brothers Inc. (TOL) and Deutsche Bank (DB) together announced the closing of a private transaction with a large financial institution. The transaction involves the purchase of a portfolio consisting of 83 non-performing loans with outstanding balances of almost $200 million. The average size of the loan is approximately $2.4 million. The portfolio, mainly consisting of residential acquisition, development and construction loans, is located in the nine states of U.S. along with Washington D.C. Besides, this is the second real estate portfolio transaction of Gibraltar, whose asset value is approximately $2 billion. Last year, it entered into a transaction with Oaktree Capital Management LP and Milestone Asset Resolution Co. to purchase a portfolio of loans with a face value ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/03/tol-toll-brothers-and-deutsche-bank-buy-loans/70495/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Home Prices Keep Falling</title>
		<link>http://www.stockbloghub.com/2011/03/31/dhi-u-s-home-prices-keep-falling/70133</link>
		<comments>http://www.stockbloghub.com/2011/03/31/dhi-u-s-home-prices-keep-falling/70133#comments</comments>
		<pubDate>Thu, 31 Mar 2011 19:16:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70133</guid>
		<description><![CDATA[In January, home prices continued to slip, although the declines were less widespread than in recent months. The Case-Schiller Composite 10 City index (C-10) fell 0.22% on a seasonally adjusted basis, and is down 2.03% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) also fell by 0.22% on the month and is down 3.03% from a year ago. The second down leg of housing prices continues. Of the 20 cities, eight were up on a month-to-month basis, and 12 were down. Year over year, though, just two metro areas saw gains and 18 suffered losses. Washington DC was the strongest by far, with prices up 3.59% from a year ago. San Diego managed to squeeze out a 0.08% rise. This is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/31/dhi-u-s-home-prices-keep-falling/70133/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Housing Industry Still Struggling</title>
		<link>http://www.stockbloghub.com/2011/03/31/dhi-u-s-housing-industry-still-struggling/69023</link>
		<comments>http://www.stockbloghub.com/2011/03/31/dhi-u-s-housing-industry-still-struggling/69023#comments</comments>
		<pubDate>Thu, 31 Mar 2011 14:34:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69023</guid>
		<description><![CDATA[The prolonged weakness in the housing industry has extended up to February 2011. Housing starts fell 22.5% year over year to a seasonally-adjusted annual rate of 479,000 units in February, in contrary to an expectation of an improvement to 580,000 units. The drop in housing starts during the month was the highest since March 1984, driven by a 46% year-over-year decline in multi-family home construction starts along with a 12% fall in single-family starts. The construction of single-family and multi-family home starts decreased to 375,000 units and 104,000 units, respectively. The country’s major homebuilders including D.R. Horton (DHI), PulteGroup (PHM), Meritage Homes Corporation (MTH), Toll Brothers (TOL) and Lennar Corp. (LEN) have been struggling with poor demand, which affects their financial performance. A sloppy housing industry, despite modest recovery in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/31/dhi-u-s-housing-industry-still-struggling/69023/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DHI) U.S. Reports Record Low New Home Sales</title>
		<link>http://www.stockbloghub.com/2011/03/29/dhi-u-s-reports-record-low-new-home-sales/69576</link>
		<comments>http://www.stockbloghub.com/2011/03/29/dhi-u-s-reports-record-low-new-home-sales/69576#comments</comments>
		<pubDate>Tue, 29 Mar 2011 14:36:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69576</guid>
		<description><![CDATA[New Home Sales in February fell by 16.9% from January to a dismal rate of 250,000. Relative to a year ago, sales are down 28.0%. In a very faint silver lining to an otherwise dismal report, the January rate was revised up to 301,000 from 284,000. Thus relative to where we thought we were, it could be seen as a 12.0% decline. The level was substantially worse than the expected rate of 288,000. The ten lowest months on record (back to 1963) for New Home Sales have all been in the last ten months. February is a new all-time record low. We are down sharply from a year ago, and it is not like a year ago was a great time in the homebuilding industry either. Relative to the peak ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/29/dhi-u-s-reports-record-low-new-home-sales/69576/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DHI) U.S. New Home Sales Decline 12.6%</title>
		<link>http://www.stockbloghub.com/2011/03/07/dhi-u-s-new-home-sales-decline-12-6/67810</link>
		<comments>http://www.stockbloghub.com/2011/03/07/dhi-u-s-new-home-sales-decline-12-6/67810#comments</comments>
		<pubDate>Mon, 07 Mar 2011 18:00:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Meritage Homes Corporation]]></category>
		<category><![CDATA[MTH]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67810</guid>
		<description><![CDATA[The feeble condition of the homebuilding industry has once again reflected in the home sales statistics for January. New home sales dropped 12.6% to a seasonally adjusted 284,000 units from 325,000 units in December last year. Meanwhile, pending home sales index fell 2.8% to 88.9 from 91.5 in the previous month. The decline in new home sales during the month was attributable to the deteriorating conditions in the West as well as in the South, partly offset by improvement in the Northeast and the Midwest markets in the U.S. The Western market saw a 37% drop in sales followed by a 13% decline in the South, partially offset by a 55% increase in sales in the Northeast and 17% in the Midwest. The country’s major homebuilders including D.R. Horton (DHI), ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/07/dhi-u-s-new-home-sales-decline-12-6/67810/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. January 2010 New Home Sales Dismal</title>
		<link>http://www.stockbloghub.com/2011/02/28/dhi-u-s-january-2010-new-home-sales-dismal/67566</link>
		<comments>http://www.stockbloghub.com/2011/02/28/dhi-u-s-january-2010-new-home-sales-dismal/67566#comments</comments>
		<pubDate>Mon, 28 Feb 2011 16:27:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[PPG]]></category>
		<category><![CDATA[PPG Industries Inc.]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67566</guid>
		<description><![CDATA[New Home Sales in January fell by 12.6% from December, to a dismal rate of 284,000. Relative to a year ago, sales are down 18.6%. The December rate was revised down to 325,000 from 329,000. Thus relative to where we thought we were, it could be seen as a 13.7% decline. The level was substantially worse than the expected rate of 310,000. The nine lowest months on record (back to 1963) for New Home Sales, have all been in the last nine months. We are still down from a year ago, and it is not like a year ago was a great time in the homebuilding industry, either. Relative to the peak of the housing bubble (7/05) new home sales are down 79.5%. The very low May sales rate (282,000) ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/28/dhi-u-s-january-2010-new-home-sales-dismal/67566/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) U.S. Home Prices Fall Again in December &#8211; Case-Schiller</title>
		<link>http://www.stockbloghub.com/2011/02/22/dhi-u-s-home-prices-fall-again-in-december-case-schiller/67373</link>
		<comments>http://www.stockbloghub.com/2011/02/22/dhi-u-s-home-prices-fall-again-in-december-case-schiller/67373#comments</comments>
		<pubDate>Wed, 23 Feb 2011 00:18:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67373</guid>
		<description><![CDATA[In December, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.36% on a seasonally adjusted basis, and is down 1.22% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.41% on the month and is down 2.40% from a year ago. This is the second month in this second leg down in housing prices that the year-over-year change has been negative for both composites; it will not be the last. Of the 20 cities, only six posted gains on the month. The biggest gains were in DC, up 1.14% on the month, followed by Dallas, up 0.80% and Boston, up 0.61%. There were 14 metropolitan areas where prices fell ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/22/dhi-u-s-home-prices-fall-again-in-december-case-schiller/67373/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DHI) Multi-family Housing Starts Explode</title>
		<link>http://www.stockbloghub.com/2011/02/18/dhi-multi-family-housing-starts-explode/67085</link>
		<comments>http://www.stockbloghub.com/2011/02/18/dhi-multi-family-housing-starts-explode/67085#comments</comments>
		<pubDate>Fri, 18 Feb 2011 16:39:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67085</guid>
		<description><![CDATA[Housing Starts rose in January to a seasonally adjusted annual rate of just 596,000 from 520,000 in December, a rise of 14.6%. The December numbers were revised lower from 529,000, so it is possible to see the increase as 67,000, or 12.7%. Relative to a year ago they are down 2.6%. Quite frankly, a year ago was also a pretty lousy time for homebuilders, so the increase is off a pretty easy comp. If one looks at only single-family houses, the picture was worse, falling to 413,000 from 417,000 in December a drop of 1.0%, and down 19.2% from a year ago. The multi-family (Apartment, Condo and Co-op) sector rose a massive 80.0% to an annual rate of 171,000. Year over year, multi-family starts are up 81.9%. The total starts ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(LEN) U.S. Housing Market Index Unchanged in February &#8211; It is Still Awful</title>
		<link>http://www.stockbloghub.com/2011/02/16/len-u-s-housing-market-index-unchanged-in-february-it-is-still-awful/67023</link>
		<comments>http://www.stockbloghub.com/2011/02/16/len-u-s-housing-market-index-unchanged-in-february-it-is-still-awful/67023#comments</comments>
		<pubDate>Wed, 16 Feb 2011 18:10:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67023</guid>
		<description><![CDATA[The National Association of Home Builders (NAHB) Housing Market Index (HMI) was unchanged in February, holding at 16 for the fourth month in a row. The index is a “magic 50” index, where 50 is the dividing line between homebuilders seeing the conditions as been good and being poor. As such, 16 is an extremely weak reading. The index is made up of three sub-indexes. The index tracking current sales improved by 2 points, but that only brought it up to a level of 17. The index that tracks sales expectations over the next six months rose by one point, to 25, while the index that tracks the traffic of potential homebuyers in the model homes was unchanged at 12. If you want to hunt real hard for a silver ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) U.S. Housing Starts Fall in December 2010 &#8211; Permits Up</title>
		<link>http://www.stockbloghub.com/2011/01/24/dhi-u-s-housing-starts-fall-in-december-2010-permits-up/65402</link>
		<comments>http://www.stockbloghub.com/2011/01/24/dhi-u-s-housing-starts-fall-in-december-2010-permits-up/65402#comments</comments>
		<pubDate>Mon, 24 Jan 2011 19:01:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<category><![CDATA[DR Horton Inc.]]></category>
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		<category><![CDATA[Masco Corporation]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=65402</guid>
		<description><![CDATA[Housing Starts fell in December to a seasonally adjusted annual rate of just 529,000 from 553,000 in November, a fall of 4.3%. The November numbers were revised slightly lower from 555,000, so it is possible to see the decline as 26,000. Relative to a year ago they are down 8.2%. Quite frankly, a year ago was a pretty lousy time for the home builders as well. If one looks at only single-family houses, the decline was even worse &#8212; falling to 417,000 from 458,000 in November, a drop of 9.0%. The volatile multi-family (Condo and Co-op) sector, rose 25.9% to an annual rate of  102,000. Year-over-year single-family starts are down 14.2%, and multi-family starts are up 30.8%. The total starts number was below consensus expectations of a 550,000 annual rate. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) Economic Update &#8211; October 2010 &#8211; U.S. Home Prices Still Falling</title>
		<link>http://www.stockbloghub.com/2010/12/28/dhi-economic-update-october-2010-u-s-home-prices-still-falling/63999</link>
		<comments>http://www.stockbloghub.com/2010/12/28/dhi-economic-update-october-2010-u-s-home-prices-still-falling/63999#comments</comments>
		<pubDate>Tue, 28 Dec 2010 22:49:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63999</guid>
		<description><![CDATA[In October, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.93% on a seasonally adjusted basis and is up just 0.20% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.99% on the month and is down 0.82% from a year ago. In September, the year-over-year gains were 1.52% for the C-10 and 0.55% for the C-20, so it looks like the year-over-year gains are rolling over. Of the 20 cities, only two, Denver and Washington DC, saw prices rise, and only by 0.31% and 0.06%, respectively. Meanwhile, 18 saw prices fall. Year over year, four metro areas saw gains and 16 suffered losses. In September, there were also ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) Second Leg of Home Price Declines Underway</title>
		<link>http://www.stockbloghub.com/2010/12/27/dhi-second-leg-of-home-price-declines-underway/60876</link>
		<comments>http://www.stockbloghub.com/2010/12/27/dhi-second-leg-of-home-price-declines-underway/60876#comments</comments>
		<pubDate>Tue, 28 Dec 2010 00:35:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60876</guid>
		<description><![CDATA[In September, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.67% on a seasonally adjusted basis, and is up just 1.52% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.80% on the month and is up 0.55% from a year ago. In August, the year-over-year gains were 2.50% for the C-10 and 1.61% for the C-20, so it looks like the year-over-year gains are rolling over. Of the 20 cities, only one (Washington DC, and it was only up 0.05%) posted a gain on the month, while 19 saw prices fall. Year over year, five metro areas saw gains and 15 suffered losses. In August, there were also ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) October U.S. New Home Sales Still Falling</title>
		<link>http://www.stockbloghub.com/2010/12/27/dhi-october-u-s-new-home-sales-still-falling/60658</link>
		<comments>http://www.stockbloghub.com/2010/12/27/dhi-october-u-s-new-home-sales-still-falling/60658#comments</comments>
		<pubDate>Tue, 28 Dec 2010 00:17:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60658</guid>
		<description><![CDATA[New Home Sales in October fell by 8.1% from September to a dismal rate of 283,000. Relative to a year ago, sales are down 28.5. It&#8217;s not like September was a strong month for new home sales, either &#8212; the six lowest months on record (back to 1963) for new home sales, have all been in the last six months. About the only good thing you can say about this report is that it was not the absolutely worst month on record. That dubious honor is still held by August 2010, with a seasonally adjusted annual rate of 275,000. Relative to a year ago, sales are down 28.9%. It is not like a year ago was a great time in the homebuilding industry, either. Relative to the peak of the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) U.S. November New Home Sales Disappoint</title>
		<link>http://www.stockbloghub.com/2010/12/27/dhi-u-s-november-new-home-sales-disappoint/63545</link>
		<comments>http://www.stockbloghub.com/2010/12/27/dhi-u-s-november-new-home-sales-disappoint/63545#comments</comments>
		<pubDate>Mon, 27 Dec 2010 23:56:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63545</guid>
		<description><![CDATA[New home sales in November rose by 5.5% from October, but that puts them at a dismal rate of 290,000. The percentage increase is a bit exaggerated as well, since the October numbers were revised down to 275,000 from 283,000. Thus relative to where we thought we were, the increase is more like 2.5%. The seven lowest months on record (back to 1963) for new home sales have all been in the last seven months. About the only good thing you can say about this report is that it was not the absolutely worst month on record. That dubious honor is still held by August 2010, with a seasonally adjusted annual rate of 274,000. Relative to a year ago, sales are down 21.2%. It&#8217;s not like a year ago was ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) U.S. Housing Starts Up, Permits Down</title>
		<link>http://www.stockbloghub.com/2010/12/20/dhi-u-s-housing-starts-up-permits-down/62565</link>
		<comments>http://www.stockbloghub.com/2010/12/20/dhi-u-s-housing-starts-up-permits-down/62565#comments</comments>
		<pubDate>Mon, 20 Dec 2010 20:32:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=62565</guid>
		<description><![CDATA[Housing Starts rose in November to a seasonally adjusted annual rate of 555,000 from 534,000 in September, an increase of 3.9%. The October numbers were revised higher from 519,000, so it is possible to see the increase as 21,000 or 6.9%. Relative to a year ago, they are down 5.8%. Quite frankly, a year ago was a pretty lousy time for the home builders, as well. If one looks at only single-family houses, the improvement was somewhat better, rising to 465,000 from 435,000 in October (revised down slightly from 436,000), an increase of 6.9%. The volatile multi-family (condo and co-op) sector plunged 18.2% to an annual rate of just 72,000 (although October was revised much higher to 88,000 from 74,000 units). Year over year, single-family starts are down 5.8% and ]]></description>
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		<title>(LEN) July Begins Second Downleg in Housing Prices</title>
		<link>http://www.stockbloghub.com/2010/09/28/len-july-begins-second-downleg-in-housing-prices/53228</link>
		<comments>http://www.stockbloghub.com/2010/09/28/len-july-begins-second-downleg-in-housing-prices/53228#comments</comments>
		<pubDate>Wed, 29 Sep 2010 03:28:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=53228</guid>
		<description><![CDATA[In July, home prices started to slip again, but unevenly across the country. The Case-Schiller Composite 10 City index (C-10) rose 0.03% on a seasonally adjusted basis, and is up 4.01% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.13% on the month and is up 3.13% from a year ago. In June, the year-over-year gains were 5.02% for the C-10 and 4.22% for the C-20, so it looks like the year-over-year gains are rolling over. Of the 20 cities, only four posted gains on the month, while 16 saw prices fall. Year-over-year, 10 metro areas saw gains and 10 suffered losses. In June, 15 were up year over year and 5 were down. There is a seasonal pattern ]]></description>
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		<title>(DHI) U.S. Housing Starts Still Weak</title>
		<link>http://www.stockbloghub.com/2010/08/17/dhi-u-s-housing-starts-still-weak/48201</link>
		<comments>http://www.stockbloghub.com/2010/08/17/dhi-u-s-housing-starts-still-weak/48201#comments</comments>
		<pubDate>Tue, 17 Aug 2010 20:44:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Darden Restaurants Inc.]]></category>
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		<category><![CDATA[economy]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48201</guid>
		<description><![CDATA[In July, Housing Starts rose to a seasonally-adjusted annual rate of 546,000, an increase of 1.7% over the 537,000 rate in June. However, the June rate was revised down from 549,000 so, relative to where we thought we were yesterday, it is a decline of 0.5%. Relative to the 587,000 pace of a year ago, it is a drop of 7.9%. Housing was not exactly booming a year ago, when we were near the deepest point of the Great Recession. Housing starts were also below the consensus expectations of a 555,000 annual rate. The numbers are even weaker than they appear in the headline number. All of the strength was in the extremely volatile Condo and Apartment segment. Starts of single family houses fell 4.2% to an annual rate of ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PHM) Pulte Group &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/08/13/phm-pulte-group-bear-of-the-day-2/47892</link>
		<comments>http://www.stockbloghub.com/2010/08/13/phm-pulte-group-bear-of-the-day-2/47892#comments</comments>
		<pubDate>Fri, 13 Aug 2010 16:16:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47892</guid>
		<description><![CDATA[Despite being the largest homebuilder in the U.S. with operations in more than 50 markets, Pulte Group (PHM) suffers from high cyclicality in the industry. The company also faces intense competition from the resale of existing or foreclosed homes, as well as available rental housing. Furthermore, the sub-prime mortgage crisis continues to adversely affect its sales and pricing in the homebuilding business. Therefore, we continue to recommend shares of the company as Underperform and set a target price of $7.75. Zacks Investment Research]]></description>
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		<item>
		<title>(LEN) U.S. New Home Sales Collapse</title>
		<link>http://www.stockbloghub.com/2010/06/25/len-u-s-new-home-sales-collapse/41288</link>
		<comments>http://www.stockbloghub.com/2010/06/25/len-u-s-new-home-sales-collapse/41288#comments</comments>
		<pubDate>Fri, 25 Jun 2010 17:28:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41288</guid>
		<description><![CDATA[Everyone expected that New Home Sales would be weak, but not that weak. In May, new homes were selling at a seasonally-adjusted annual rate of 300,000, 32.7% below the 446,000 rate in April and even 18.3% below the very depressed levels of a year ago. Actually, given the huge downward revision to the April numbers relative to where we thought we were, sales were down more like 40.5%. The consensus expectation was that sales would fall to a 430,000 rate. The reason everyone was expecting a decline was that new home sales are recorded when the contract is signed, not at closing as is the case with existing home sales. Thus, all the people who were taking advantage of the home buyer tax credit were recorded in April. Someone would ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(GFA) Cash Flow: One of the Most Accurate Ways to Analyze a Stock’s Value</title>
		<link>http://www.stockbloghub.com/2010/06/25/gfa-cash-flow-one-of-the-most-accurate-ways-to-analyze-a-stock%e2%80%99s-value/41224</link>
		<comments>http://www.stockbloghub.com/2010/06/25/gfa-cash-flow-one-of-the-most-accurate-ways-to-analyze-a-stock%e2%80%99s-value/41224#comments</comments>
		<pubDate>Fri, 25 Jun 2010 17:15:13 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[DPS]]></category>
		<category><![CDATA[Dr Pepper Snapple Group]]></category>
		<category><![CDATA[Gafisa S.A.]]></category>
		<category><![CDATA[GFA]]></category>
		<category><![CDATA[markets]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41224</guid>
		<description><![CDATA[by Marc Lichtenfeld, Advisory Panelist Wednesday, June 23, 2010: Issue #1287 What’s the best way to analyze a company’s stock? One of the most basic is to look at the firm’s earnings. Historically, if earnings consistently grow, so does the stock price. But I prefer another, more accurate measurement of a company’s performance – cash flow. Cash flow is the amount of cash the company actually generates after all is said and done. Think of the difference between earnings and cash flow like the difference between your income that is reported to the IRS and the actual amount of money you make during the year. You only have to take a look at Enron to understand why it’s important to understand cash flow… Why Cash Flow is Crucial Former Enron ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(DHI) U.S. New Home Sales Impress! $$</title>
		<link>http://www.stockbloghub.com/2010/05/26/dhi-u-s-new-home-sales-impress/38511</link>
		<comments>http://www.stockbloghub.com/2010/05/26/dhi-u-s-new-home-sales-impress/38511#comments</comments>
		<pubDate>Wed, 26 May 2010 20:26:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[BIG]]></category>
		<category><![CDATA[Big Lots Inc.]]></category>
		<category><![CDATA[Darden Restaurants Inc.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[DRI]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>
		<category><![CDATA[PCL]]></category>
		<category><![CDATA[Plum Creek Timber Company Inc]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38511</guid>
		<description><![CDATA[New Home Sales jumped 14.8% in April to a seasonally adjusted annual rate of 504,000. That easily beat expectations for a rise to 425,000. Well actually, after the revisions, that would not be a rise. The March numbers were revised sharply higher to an annual rate of 439,000 from the originally reported level of 411,000. Thus new home sales are actually running 22.6% above what we thought the March level was last night. Sales are up 47.8% from extremely low levels of a year ago. The revision to the March numbers is one more reason to expect that when the second look at the first quarter GDP is released on Thursday, growth will be revised higher than the original 3.2% rate. I would not be at all surprised to see ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PHM) PulteGroup Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/04/29/phm-pultegroup-incorporated-bear-of-the-day/35486</link>
		<comments>http://www.stockbloghub.com/2010/04/29/phm-pultegroup-incorporated-bear-of-the-day/35486#comments</comments>
		<pubDate>Thu, 29 Apr 2010 14:09:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35486</guid>
		<description><![CDATA[Despite being the largest homebuilder in the U.S., with operations in more than 50 markets, PulteGroup (PHM) suffers from high cyclicality in the industry. The company also faces intense competition from the resale of existing or foreclosed homes and available rental housing. The sub-prime mortgage crisis will have a long-term impact on Pulte. It will continue to negatively impact Pulte&#8217;s sales and pricing in the homebuilding business, as well as reduce the volume and margins in its financial services business. Therefore, we have downgraded our recommendation from Neutral to Underperform and set a target price of $11. Our $11 target price, or 27.5X our 2011 EPS estimate, reflects this view. Zacks Investment Research]]></description>
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