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Redfin data indicates that seasonally-adjusted home sales dropped 1.2% M/M in June, marking the biggest drop on record through at least 2012; number of homes for sale fell to a record low, down 28% from prior year levels; contrary, it posted a 22% Y/Y growth while listings rose 8% Y/Y.A ...
Summer swoon in mortgage rates continues as 30-year fixed-rate mortgage averaged 2.88% for the week ending July 15, down from 2.90% recorded in prior week and down from 2.98% averaged in same period a year ago, according to the Freddie Mac Pri...
THE WOODLANDS, Texas, July 15, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it acquired the real estate assets of Buffington Homebuilding Group, Ltd. (“Buffington”), one of the largest privately held homebuilders in Austin, Texas, for approximately $...
Homebuilder Taylor Morrison is trading at 5x EPS as investors focus on tech and re-opening stocks. Notwithstanding rising inflation, interest rates are likely to remain low for long, aiding the housing market. The stock offers 50% upside. For further details see: Taylor ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips KB Home (NYSE: KBH ) seems set to rise much higher, especially since inventories are low and prices are rising. Moreover, KBH stock looks cheap on both an absolute basis — using historical dividend yield and pr...
30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in prior week and down from 3.03% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey; its lowest since Feb.18...
LGI Homes (LGIH) has closed 997 homes in June 2021, up 31.2% Y/Y from 760 homes in June 2020.In addition, the Company announced 2,856 quarterly closings in Q2 2021 compared to 2,005 in Q2 2020, a 42.4% increase over prior year.The Company finished H1 2021 with a total of 5,417 closings, +41.1...
THE WOODLANDS, Texas, July 06, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 997 homes in June 2021, up from 760 homes closed in June 2020, representing year-over-year growth of 31.2%. In addition, the Company announced record-breaking quarterly closings ...
30-year fixed-rate mortgage averaged 2.98% for the week ending June 24, down from 3.02% recorded in prior week and down from 3.07% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey."Economic growth remain...
SEATTLE, June 30, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced today the grand opening of its newest community near Seattle, Cedar Hill Estates , where the builder will construct 78 homes. Located in Stanwood, a desirable location in northwest Snohomish County n...
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A look at the top 10 most actives in the United States Maxeon Solar Technologies Ltd. (MAXN) rose 38.2% to $0.24 on volume of 498,894,705 shares Qualigen Therapeutics Inc. (QLGN) rose 59.5% to $0.28 on volume of 243,116,946 shares NVIDIA Corporation (NVDA) fell 1.9% to $125.83 on volume o...
THE WOODLANDS, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 571 homes in June 2024. In addition, the Company announced quarterly home closings of 1,655 during the second quarter of 2024. As of June 30, 2024, the Company had 128 active sel...
THE WOODLANDS, Texas, June 25, 2024 (GLOBE NEWSWIRE) -- For the second year in a row, LGI Homes, Inc. (NASDAQ:LGHI) has been recognized as one of the Best Companies to Work For according to U.S. News & World Report , the global authority in rankings and consumer advice. Based on a...