All Posts Tagged With: "EQR"
(EQR) Used Home Prices Stabilize in July
In July, home prices were mixed on a seasonally adjusted basis. The Case-Schiller Composite 10 City index (C-10) fell a slight 0.12% on a seasonally adjusted basis, and is down 3.77% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10)...
28Sep2011 | vitalstocks | 0 comments | Continued(SA) U.S. Housing Prices Mixed in June
In June, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose a slight 0.04% on a seasonally adjusted basis, and is down 3.85% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.06% on the month...
1Sep2011 | vitalstocks | 0 comments | Continued(EQR) Equity Residential Second Quarter Earnings Scorecard
Equity Residential (EQR) reported funds from operations (FFO) of $180.7 million in second quarter 2011 compared with $175.1 million in the year-ago quarter. FFO per share in the reported quarter remained flat year over year at 58 cents. Fund from operations, a widely used metric...
5Aug2011 | vitalstocks | 0 comments | Continued(BRE) BRE Properties Beats Estimates
BRE Properties Inc (BRE) reported second quarter 2011 funds from operations (FFO) of $34.9 million or 49 cents per share versus $28.9 million or 46 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained...
4Aug2011 | vitalstocks | 0 comments | Continued(UDR) UDR Adds Asset at Record Price
UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), has recently acquired a luxury condo-turned-rental project in Washington DC, for $104 million or $670 per square foot – the highest price per square foot ever paid for a Class A rental property in the...
30Jun2011 | vitalstocks | 0 comments | Continued(EQR) U.S. Home Prices Mixed – Good News
In April, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose an ever-so-slight 0.01% on a seasonally adjusted basis, and is down 3.04% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.09% on the...
28Jun2011 | vitalstocks | 0 comments | Continued(TOL) U.S. Housing: Past and Future
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...
28Jun2011 | vitalstocks | 0 comments | Continued(UDR) UDR Raises Quarterly Dividend
UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), has recently increased its second quarter 2011 dividend from 18.5 cents to 20 cents. The quarterly dividend, payable in cash, would be paid on August 1, 2011 to shareholders of record as of July 11, 2011. The...
22Jun2011 | vitalstocks | 0 comments | Continued(UDR) UDR Reports 2011 First Quarter Mixed Results
UDR, Inc (UDR) reported first quarter 2011 FFO (fund from operations) of $56.8 million or 30 cents per share compared to $46.8 million or 28 cents in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding...
4May2011 | vitalstocks | 0 comments | Continued(MO) We Consider Five Reasons Why the S&P 500 Will Hit 1,350
by Matthew Weinschenk, Contributing Editor Thursday, July 8, 2010: Issue #1297 If you’ve talked yourself out of buying stocks recently, set aside your fears right now. Fear is what kept many investors out of stocks when the bull market started in 2002. Seven years later,...
9Jul2010 | InvestmentU | 0 comments | Continued(EQR) Equity Residential REIT Sees Growth
Equity Residential (EQR), a leading real estate investment trust (REIT), reported fiscal 2009 fourth quarter funds from operations (FFO) of $126.9 million or 43 cents per share, compared to $79.1 million or 27 cents per share in the year-earlier quarter. Fund from operations,...
4Feb2010 | vitalstocks | 0 comments | Continued(DHI) U.S. Homeownership Rate Falls Again
A smaller percentage of Americans owned their own homes in the 4th quarter of 2009 than at any time since 2000. In the 4th quarter 67.2% of Americans owned their own home, down from 67.6% in the third quarter and two full percentage points below the peak set in the fourth quarter...
2Feb2010 | vitalstocks | 0 comments | Continued(FNM) Housing and Rental Data
Many of the government efforts to help the housing market, such as the Fed buying up fully one quarter of all the mortgage-backed securities backed by Fannie Mae (FNM), Freddie Mac (FRE) and Ginnie Mae, as well as the “first time” homebuyer tax credit, are designed to...
8Jan2010 | vitalstocks | 0 comments | Continued(EQR) Consumer Price Index Rose Moderately
The Bureau of Labor Statistics reported this morning that the Consumer Price Index (CPI) rose by 0.4% in November, following increases of 0.3% in October and 0.2% in September. Relative to a year ago, prices are up 1.8%. That is a big jump from last month, but that is due to...
16Dec2009 | vitalstocks | 0 comments | Continued(F) Consumer Price Index Up on Cars and Energy
The Consumer Price Index (CPI) for October rose by 0.3%, a little bit hotter than the 0.2% that was expected. If one strips out volatile food and energy prices to get the core consumer price index, prices were up 0.2%, also one tick higher than the 0.1% expected. A rise in energy...
18Nov2009 | vitalstocks | 0 comments | Continued(EQR) Equity Residential Broadens Earnings Guidance
Equity Residential (EQR) yesterday reported revenues of $492.7 million, down 3.6% year over year. On a same store basis (third quarter 2009 vs. third quarter 2008 comparison which includes 119,121 apartment units), revenues decreased 3.9% due to a 3.2% decrease in average rental...
1Nov2009 | vitalstocks | 0 comments | Continued(EQR) Is the Federal Housing Administration Going Broke?
This morning’s New York Times has an important article on the Federal Housing Administration. The FHA has stepped in to back up mortgage loans as the private sector has stopped making them. Essentially, it is playing the role of a sub-prime lender, and appears to be making...
12Oct2009 | vitalstocks | 0 comments | Continued(EQR) Homeownership Rate Falling
Coming out of most economic downturns, homebuilding is one of the key locomotives to power the economy. Housing is sort of the ultimate durable good, where during downturns demand builds up, and then has a powerful upward force on the economy as the pent-up demand is released. Given...
6Oct2009 | vitalstocks | 0 comments | Continued(EQR) Consumer Prices Up Slightly
The Consumer Price Index [CPI] rose 0.4% in August on a headline basis, a tick higher than consensus expectations of 0.3%. If food and energy are stripped out, prices rose 0.1%, in line with expectations. On a headline basis this follows an unchanged reading in July and a 0.7%...
16Sep2009 | vitalstocks | 0 comments | Continued(EQR) House Prices Actually Appear to be RISING
The Case-Schiller composite index of housing prices in 20 major metropolitan areas rose 0.7% on a seasonally adjusted basis in June, following an essentially unchanged reading in May. The not-seasonally-adjusted numbers were even better (and what most of the press coverage were...
25Aug2009 | vitalstocks | 0 comments | Continued(MLP) 32 Billion Reasons The Average Investor Will Fail
32 Billion Reasons The Average Investor Will Fail by Louis Basenese, Advisory Panelist, Investment U Associate Investment Director, The Oxford Club Thursday, December 11, 2008: Issue #899 I’ll be the first to concede the going’s tough. That almost every “time-tested”...
17Dec2008 | InvestmentU | 0 comments | Continued