Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

The Townes at Union Village to offer modern two-story townhomes near Henderson Hospital HENDERSON, Nev., Sept. 24, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced plans to host a Grand Opening event on Saturday, September 28 from 10 a.m. to 2 p.m. for The Townes at Union Village, offering modern townhomes in a convenien ...

● | --- | --- | |------------------------------------------------------|-------| | | | | Everyday People Financial Signs Share Purchase | | | Agreement to Acquire CCS Group Holdings | | | Limited, and Secures C$6.0 Million (£3.3 Million) in | | | Debt Financing from a Leading UK Bank | | September 23, 2024 5:15 PM EDT | Source: Everyday People Financial Corp. Edmonton, Alberta--(Newsfile Corp. - September 23, 2024) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("Everyday People" or the "Compa ...

Core Insights - Century Communities, Inc. has launched its Century Complete brand in West Oak, Ocala, offering single-family homes starting from the mid $200s [1][4][7] - The West Oak community features a prime location adjacent to the Ocala Wetland Recharge Park, providing a natural setting for residents [2][4] - The company emphasizes its industry-leading online homebuying experience, allowing buyers to purchase homes conveniently while working with their local agents [5][6][7] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and is a leader in online home sales, ranked highly on Newsweek's Most Trustworthy Companies lists for 2024 [1][7] - The company operates in 18 states and over 45 markets, offering a range of services including title, insurance, and lending through its subsidiaries [7] Community Features - West Oak offers a variety of single- and two-story floor plans, with homes featuring up to 4 bedrooms, 2 bathrooms, and sizes up to 1,934 square feet [4] - Planned amenities for the community include a clubhouse, fitness center, and pool, enhancing the living experience for residents [2][4] Homebuying Process - The online homebuying process includes steps such as selecting a home, filling out a form, submitting a deposit, and signing a contract electronically [5][6]

Markets have risen sharply after the Fed decided to cut interest rates for the first time since 2020 on Wednesday. Amid rate cuts, investors may be searching for specific areas of the economy that may benefit directly in regard to a lower inflationary environment. This makes it noteworthy that several construction sector stocks were added to the Zacks Rank #1 (Strong Buy) list this week. From mortgage rates falling to their lowest level in over a year to the likelihood of a more favorable operating environm ...

The Fed rate cut, along with the increase in building permits and single-family housing starts, brings a glimmer of hope for the U.S. housing sector that had been weighed down by economic uncertainty. Companies such as Century Communities, Inc. (CCS) , M/I Homes, Inc. (MHO) , Meritage Homes Corporation (MTH) , PulteGroup, Inc. (PHM) , and Taylor Morrison Home Corporation (TMHC) are wellpositioned to capitalize on this industry upturn, supported by their strong fundamentals. August Housing Starts and Buildin ...

Core Insights - Builder confidence in the U.S. housing market has increased, with the Housing Market Index (HMI) rising to 41 in September from 39 in August, breaking a four-month streak of low sentiment [2][4] - Decreasing mortgage rates, now at 6.2%, have contributed significantly to the improved builder confidence, marking the lowest level since February 2023 [4] - Despite the positive sentiment, a score below 50 on the HMI indicates ongoing challenges in the industry [6] Industry Overview - Rising building costs and increased competition from higher housing inventory are significant challenges for the homebuilding sector, impacting affordability [7][8] - The HMI survey indicates a reduction in price cuts among builders, with average price reductions falling below 6% for the first time since July 2022 [8] - The Zacks Building Products - Home Builders industry has outperformed broader indices, gaining 28.5% year-to-date compared to the S&P 500's growth of 18.1% [11] Company Highlights - **Dream Finders Homes, Inc. (DFH)**: Expected EPS growth of 15.4% year-over-year, with revenue estimates indicating a 13.3% increase. The forward PE ratio is 11.11X, below the industry average [12][13] - **Century Communities, Inc. (CCS)**: Strong Buy rating with expected EPS growth of 32.5% and revenue growth of 18.1% year-over-year. The forward PE ratio is 8.81X, below the industry average [14][15] - **Taylor Morrison Home Corp. (TMHC)**: Buy rating with expected EPS growth of 6.2% and revenue growth of 7.1% year-over-year. The forward PE ratio is 8.13X, below the industry average [16][17] - **Meritage Homes Corp. (MTH)**: Expected EPS growth of 5.8% and revenue growth of 2.8% year-over-year. The forward PE ratio is 9.41X, below the industry average [18][19] - **Tri Pointe Homes, Inc. (TPH)**: Expected EPS growth of 35.7% year-over-year, with revenue estimates indicating an 18.3% increase. The forward PE ratio is 9.12X, below the industry average [20][21]

Core Insights - Century Communities is expanding its offerings with new floor plans and model homes in the San Antonio area, aiming to meet the demand for quality housing [2][5][8] Group 1: New Developments - The company recently held a ribbon-cutting ceremony for five new floor plans and a model home at Hiddenbrooke in Seguin [5] - Upcoming ribbon-cutting events are scheduled for new model homes at Agave and Applewhite Meadows, with sales starting from the mid $200s [2][3] Group 2: Community Features - Communities feature single- and two-story floor plans with 3 to 5 bedrooms, 2 to 3 bathrooms, and 2-bay garages, ranging from 1,343 to 2,511 square feet [3][4][6] - Included amenities consist of smart home packages, car charging ports, granite or quartz countertops, and community facilities such as parks and pools [3][4][6] Group 3: Online Homebuying Experience - Century Communities offers an online homebuying experience, allowing customers to shop, buy, and sign contracts electronically [7] - The process includes selecting a home, filling out a form, submitting a deposit, and signing via DocuSign [7] Group 4: Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S., recognized for its online sales and ranked highly for trustworthiness [8] - The company operates in 18 states and over 45 markets, providing a range of services including title, insurance, and lending through its subsidiaries [8]

Breaking a string of past four months of tepidness, builder sentiment edged two points higher this month sequentially. According to the National Association of Home Builders (NAHB)/Wells Fargo's Housing Market Index (HMI), sentiment among U.S. homebuilders for newly-built single-family homes increased to 41 in September from 39 in August. NAHB/Wells Fargo Housing Market Index 100 2000 90 1800 80 1600 70 1400 60 50 40 800 30 600 20 400 10 200 0 NAHB/Wells Fargo HMI Single-Family Starts (SAAR) Image Source: N ...

Core Insights - Century Communities, Inc. has launched Highland Park, its first community in Highland, California, with homes starting from the low $700s [1] - The community features four new floor plans designed for modern living, set against the backdrop of the San Bernardino Mountains [3][4] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, ranked highest on Newsweek's list of America's Most Trustworthy Companies for 2024 [1][7] - The company operates in 18 states and over 45 markets, providing a range of services including title, insurance, and lending through its subsidiaries [7] Product Offerings - The four new floor plans include: - Plan 1: 3 bedrooms, 2.5 bathrooms, 1,998 square feet [4] - Plan 1X: 3 bedrooms, 2.5 bathrooms, 1,961 square feet [4] - Plan 2: 4 bedrooms, 3 bathrooms, 2,398 square feet [4] - Plan 3: 4 bedrooms, 3 bathrooms, 2,523 square feet, the largest plan [4] Community Features - Highland Park offers various amenities such as private open spaces, a park, picnic areas, and BBQ facilities, catering to outdoor leisure and recreation [3]