Market Performance - The S&P 500, Dow Jones Industrials, and Nasdaq 100 all reached new record highs, with the S&P 500 closing up +0.85%, Dow up +1.36%, and Nasdaq up +0.60% [1][2] - Overseas markets also showed positive performance, with the Euro Stoxx 50 up +0.47%, Shanghai Composite up +1.65%, and Japan's Nikkei Stock 225 up +1.22% [5] Economic Indicators - US weekly initial unemployment claims rose unexpectedly by +27,000 to a 3.75-year high of 263,000, indicating a weaker labor market than anticipated [3] - The August Consumer Price Index (CPI) increased to +2.9% year-over-year, aligning with expectations, while CPI excluding food and energy remained unchanged at +3.1% [3] Federal Reserve Expectations - Markets are pricing in a 100% chance of a -25 basis point rate cut at the upcoming FOMC meeting on September 16-17, with a 9% chance of a -50 basis point cut [4] - An overall -72 basis point reduction in the federal funds rate is anticipated by year-end, bringing it down to 3.61% from the current 4.33% [4][6] Company Movements - Micron Technology rose more than +7% after Citigroup raised its price target to $175 from $150, leading gains in semiconductor stocks [11] - Home builders and suppliers saw gains as the 10-year T-note yield fell to a 5-month low, which is expected to lower mortgage rates and support housing demand [12] - Warner Bros Discovery surged more than +28% on reports of a potential acquisition bid from Paramount Skydance [13] - Avidity Biosciences fell more than -11% after announcing a $500 million public offering of its common stock [16]

All right, 30-year mortgage rates hitting their lowest level since last October. And that's giving a boost to home builders, Dr. . Horton, Toll Brothers, Lenar Palty, all up more than 2% today.For more on what's next for the housing trade, CBC's Diana Ol joins us from the Zelman Housing Summit in Boston with an exclusive interview with Ivy Zelman. Diana, thanks Melissa. Ivy, it was your day today.What an amazing day. Hundreds of people here to hear everything. And I'm going to take you back to 9:00 a.m. whe ...

Lennar Corporation ( LEN ) is due to report its Q3 earnings on September 18 after the market closes, so I wanted to go through what to expect and what I’m looking out for, as well as give some general comments onMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst ...

Lennar Corporation ( LEN ) is due to report its Q3 earnings on September 18 after the market closes, so I wanted to go through what to expect and what I’m looking out for, as well as give some general comments onMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst ...

Core Viewpoint - Hovnanian Enterprises, Inc. announced the pricing of $450 million in 8.000% Senior Notes due 2031 and $450 million in 8.375% Senior Notes due 2033, with the proceeds intended for debt redemption and repayment [1][2]. Group 1: Financial Details - The offering consists of $450 million aggregate principal amount of 8.000% Senior Notes due 2031 and $450 million aggregate principal amount of 8.375% Senior Notes due 2033 [1]. - The net proceeds will be used to redeem the entire outstanding principal of 8.0% Senior Secured 1.125 Lien Notes due 2028 at a redemption price of 104.000% and 11.75% Senior Secured 1.25 Lien Notes due 2029 at a redemption price of 100.000% plus applicable premiums [2]. - Additionally, the proceeds will repay all outstanding loans under the Senior Secured 1.75 Lien Term Loan Facility due 2028 at par [2]. Group 2: Company Overview - Hovnanian Enterprises, Inc. is one of the largest homebuilders in the U.S., founded in 1959 and headquartered in Matawan, New Jersey [4]. - The company operates in multiple states including Arizona, California, Florida, and Texas, and markets homes under the trade name K. Hovnanian Homes [4]. - Hovnanian is also a significant builder of active lifestyle communities through its subsidiaries [4].

Core Insights - Toll Brothers, Inc. has launched a new luxury condo community named Coldwater Ridge of Northville in Michigan, featuring modern home designs and a model home grand opening event scheduled for September 13, 2025 [1][4]. Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [6]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of housing options for different buyer segments [7]. Community Features - Coldwater Ridge of Northville offers luxury two-story condos with four distinct floor plans ranging from 1,904 to 2,206 square feet, featuring 3 bedrooms and 2.5 to 3.5 bathrooms [2]. - Homes are priced starting from the low $500,000s, with options for first- or second-floor primary bedroom suites and additional versatile living spaces [2]. Location and Amenities - The community is strategically located near downtown Northville and Plymouth, providing residents with access to shops, dining, entertainment, parks, and golf courses [4]. - Amenities include scenic walking trails and an exclusive community pickleball court, along with proximity to top-rated Northville Public Schools [4]. Construction and Design - Coldwater Ridge offers move-in ready and quick move-in homes that are currently under construction, featuring Designer Appointed Features curated by professional Design Consultants [5].

Last chance to own a luxury home in three exclusive collections, including one home remaining in the Summit CollectionVENICE, Fla., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the final opportunity to purchase a new home at its Solstice at Wellen Park community in Venice, Florida. Solstice at Wellen Park offers luxury Toll Brothers homes in three collections: the Sunrise Collection with just six homes remaining, the Sunbeam ...

Core Viewpoint - The current mortgage rates, particularly FHA rates dropping below 6%, are seen as a positive development for first-time homebuyers, enhancing affordability and creating a favorable buying opportunity in the housing market [2][3]. Company Insights - Taylor Morrison's customer base primarily consists of lifestyle buyers rather than entry-level buyers, with about one-third of their business focused on first-time buyers [4][5]. - The company has reported that approximately 40% of their closings involved aggressive incentives like buy downs, which are more common for first-time buyers [7]. - The company maintains a balanced approach to inventory, currently leaning towards 70% inventory, with a target of 60% spec homes and 40% to be built, to meet consumer demand [11]. Industry Trends - The housing market is experiencing a divergence in builder strategies regarding spec homes, with some builders fully committed to this approach while others are cautious due to the associated risks [8][9]. - Lumber prices have significantly decreased, which is expected to positively impact the company's profit and loss statements in the coming year, while land prices have moderated but not drastically fallen [12][14]. - The current market conditions indicate a slow adjustment in land pricing, with sellers beginning to understand the changing landscape, leading to more reasonable agreements on terms and prices [14][15].

New luxury home community features 90-foot-wide home sites nestled in north central San AntonioSAN ANTONIO, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of a new phase of home sites at a new home community nestled in the Shavano Park area of San Antonio, Texas. Shavano Highlands offers luxury single-family homes on 90-foot-wide home sites with access to the Salado Creek Greenway hiking and biking trails. Shavano ...

Market Overview - The S&P 500, Dow Jones Industrials, and Nasdaq 100 all reached new all-time highs, supported by the August CPI report and a rise in weekly jobless claims [2][3] - The 10-year T-note yield fell to a 5-month low of 3.99%, influenced by the weaker labor market data [3][6] Economic Indicators - US weekly initial unemployment claims rose by 27,000 to 263,000, marking a 3.75-year high, contrary to expectations of a decline [3] - August CPI increased to 2.9% year-over-year, aligning with expectations, while CPI excluding food and energy remained at 3.1% [3] Federal Reserve Expectations - Markets are pricing in a 100% chance of a 25 basis point rate cut at the upcoming FOMC meeting on September 16-17, with a 12% chance of a 50 basis point cut [4] - An overall reduction of 73 basis points in the federal funds rate is anticipated by year-end, bringing it down to 3.60% from the current 4.33% [4][6] International Markets - European and Asian stock markets are also experiencing gains, with the Euro Stoxx 50 up 0.47%, Shanghai Composite up 1.65%, and Japan's Nikkei Stock 225 reaching a new all-time high [5] Company Movements - Micron Technology's stock rose over 9% after Citigroup raised its price target to $175 from $150 [11] - Home builders and suppliers saw gains due to lower mortgage rates, with Builders FirstSource up more than 5% [12] - Centene's stock increased over 12% after forecasting full-year adjusted EPS of $1.75, exceeding consensus expectations [12] - Red Cat Holdings surged over 25% following the approval of its Black Widow system for NATO [13] - Avidity Biosciences' stock fell over 19% after announcing a $500 million public offering [15]