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SCOTTSDALE, Ariz., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, plans to release the Company's third quarter 2021 results on Wednesday, October 27, 2021 after the market closes. Management will host a conference call to discuss the r...
MTH's business model as a 100% spec builder and its strategic shift to a pure entry-level player provide the company with a significant competitive advantage to capture the elevated Millennials demand. The 300 community count is attainable and supported by the recent $551 million inve...
U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...
Freddie Mac chief economist Sam Khater believes that economic growth slowdown has led to a rise in foreign investor purchases of U.S. Treasuries thereby leading mortgage rates to remain in place despite increasing dispersion of inflation across different consumer goods and serv...
LGIH's unique operating business model as a 100% spec builder, along with the lighter asset strategy it adopts, generates excess returns on capital. The company maintains a conservative capital structure that enhances its profitability with impressive returns of ROIC at 26% and R...
“It’s Groundhog Day for mortgage rates, as they have remained virtually flat for over two months. The holding pattern in rates reflects the markets’ view that the prospects for the economy have dimmed somewhat due to the rebound in new COVID cases,” said Sam Khater...
SCOTTSDALE, Ariz., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH) and Operation Homefront today announced that a military family has been selected for the Permanent Homes for Veterans program and will receive a brand new, energy-efficient and mortgage-free Meritage...
"While the economy continues to grow, it has lost momentum over the last two months due to the current wave of new COVID cases that has led to weaker employment, lower spending and declining consumer confidence," Freddie Mac’s Chief Economist Sam Khater commented. 30-year fixed-rate mo...
Single-Family Rentals are one of the great success stories of the Modern REIT Era, becoming a "core" institutional asset class and quieting the critics that questioned SFR REITs' ability to operate efficiently. The combination of historically low housing supply and strong demographic-...
Backlogs in construction and rising commodity prices led to tight supply in the housing market, thus creating a surge in housing prices over the past year. However, as demand has started to decline lately, homebuilder stocks Lennar (LEN), KB Home (KBH), Meritage Homes (MTH), and LGI Homes (LG...
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SCOTTSDALE, Ariz., June 18, 2024 (GLOBE NEWSWIRE) -- Meritage Homes , the fifth largest public homebuilder in the U.S., is pleased to share recent national accolades recognizing its commitment to energy efficiency, customer service excellence, and philanthropic efforts. ENERGY STAR...