WASHINGTON (Reuters) -U.S. single-family homebuilding and permits for future construction dropped in August amid a glut of unsold new houses and a softening labor market, shrugging off falling mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, fell 7.0% to a seasonally adjusted annual rate of 890,000 units last month, the Commerce Department's Census Bureau said on Wednesday. Permits for future single-family homebuilding decreased 2.2% to a rate of 856,000 units. Th ...

Britain’s biggest housebuilder warns that the period leading into the UK budget in November has introduced "additional risk" to home sales https://t.co/fznIb12Rfb ...

The National Association of Home Builders (NAHB) CEO Jim Tobin discusses the latest homebuilder confidence data and weighs in on reports that President Trump could declare a US housing emergency. The Federal Reserve has started its September meeting, with new Governor Stephen Miran joining the conversations. Yahoo Finance senior Fed reporter Jennifer Schonberger reports on what Miran's addition to the Fed Board could mean for the future of interest rate cuts. For more Market Domination videos, please visit: ...

Core Points - LGI Homes has launched the "Make Your Move" National Sales Event, offering special pricing and financing options for homebuyers [1][2] - The event aims to enhance homeownership accessibility, allowing buyers to save up to $50,000 on new homes through various incentives [2][3] - The sales event runs until October 19, 2025, and encourages potential buyers to explore available options online [3] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, operates in 36 markets across 21 states and has closed over 75,000 homes since its inception in 2003 [4] - The company is recognized for its innovative approach to homebuilding and has consistently delivered profitable results, earning accolades for quality construction and customer service [4] - LGI Homes has received multiple workplace awards, including the Top Workplaces USA 2025 Award, reflecting its commitment to employee satisfaction [4]

Core Insights - LGI Homes, Inc. has launched the "Make Your Move" National Sales Event, offering special pricing and financing options for homebuyers across the U.S. [1] - The event aims to enhance homeownership accessibility, allowing buyers to save up to $50,000 on new homes through various incentives [2][3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [4] - The company is recognized for its quality construction and customer service, earning accolades such as being named one of Newsweek's World's Most Trustworthy Companies [4] - LGI Homes has a workforce of over 1,000 employees and has consistently delivered profitable financial results [4]

Toll Brothers, Inc. (NYSE:TOL) is one of the Best Housing Stocks to Buy According to Hedge Funds. On September 11, the company announced that its newest community, Coldwater Ridge of Northville, is now open in Northville, Michigan. It features luxury condos possessing modern home designs providing first- and second-floor primary bedrooms. Toll Brothers, Inc. (NYSE:TOL) stated that homes are being priced from the low $500,000s. Toll Brothers (TOL) Announces That Coldwater Ridge of Northville Is Now Open in ...

Group 1 - Dream Finders Homes, Inc. (NYSE:DFH) announced a private offering of $300 million in senior unsecured notes with a 6.875% interest rate due in 2030, expecting net proceeds of approximately $295 million after expenses [1] - The company plans to utilize the net proceeds to repay part of its existing revolving credit facility and for general corporate purposes [1] - In Q2 2025, Dream Finders Homes reported homebuilding revenues of $1.1 billion, consistent with the previous year, with home closings increasing by 10% and net sales rising by 13% [2] Group 2 - The acquisition of Alliant Title is believed to enhance Dream Finders Homes' vertical integration and expand its financial services capabilities [2]

Group 1 - Green Brick Partners, Inc. (NYSE:GRBK) has renewed its exclusive agreement with James Hardie Building Products Inc. for a 3-year term, ensuring Hardie® siding and trim products will be used in all new developments through 2028 [1][2] - The partnership emphasizes the commitment to distinctive housing developments and innovation, ensuring homes built by Green Brick Partners feature strength, durability, and design flexibility [2] - In Q2 2025, Green Brick Partners delivered 1,042 new homes, marking a 5.6% year-over-year increase and setting a record for any second quarter, demonstrating resilience in a softer housing market [2] Group 2 - Green Brick Partners is recognized as one of the best housing stocks to buy according to hedge funds, indicating strong market interest and potential investment opportunities [1] - The company is characterized as a diversified homebuilding and land development firm, showcasing its broad operational scope within the housing industry [3]

Group 1 - Hovnanian Enterprises, Inc. announced a private placement offering 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][2] - The company reported Q3 2025 results, meeting or exceeding guidance for all metrics [1] - Hovnanian addressed affordability challenges by increasing incentives, leading to the first year-over-year increase in quarterly contracts per community this fiscal year [2] Group 2 - The company is strategically selling lower margin homes and land to facilitate new land purchases with better margins [2] - Hovnanian believes that pent-up housing demand and favorable long-term demographic trends will drive higher demand for new homes [2] - The company is engaged in designing, constructing, marketing, and selling residential homes [3]

Core Viewpoint - LGI Homes, Inc. is recognized as one of the best housing stocks to buy according to hedge funds, with a recent price target increase from Citizens JMP to $85 from $75, maintaining an "Outperform" rating [1][2] Financial Performance - In Q2 2025, LGI Homes delivered 1,323 homes at an average sales price of $365,446, resulting in $483.5 million in revenue [1] - The gross margin and adjusted gross margin increased by 190 basis points sequentially to 22.9% and 25.5%, respectively [2] - In Q3 2024, home sales revenue rose due to an increase in the average sales price to $371,000, up 5.2% year-over-year, with home closings totaling 1,757 homes, flat compared to the prior year but up 6% sequentially [3] Strategic Focus - The company is focusing on cost savings and improved efficiency while aiming to enhance profit margins and earnings per share (EPS) [2] - LGI Homes has reduced its expected closings for fiscal year 2024 to a range of 6,100-6,400 homes from an initial range of 7,000-8,000 homes, while raising gross margin expectations [3] - The company is prioritizing margins over volume amid a U.S. housing shortage estimated at two-to-four million homes, having spent the last two years building its inventory of developed lots and raw land [3] Market Outlook - LGI Homes remains confident in the long-term outlook of the broader housing market, supported by healthy demographics and a structural shortage of new homes [2] - The active community count grew by 30% year-over-year and 8% sequentially to 138, positioning the company to meet its year-end target of 150 active communities and significantly increase home closings in FY 2025 [3]