Category: Uncategorized

The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…

Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said. WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built,…

With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…

After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.

With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…

The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…

Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said. WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built,…

Jeff Ostrowski April 23, 2025 at 3:00 PM Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home,…

On the positive side, IBM exceeded consensus estimates for both earnings and revenue. The company reported earnings per share of $1.60, surpassing the estimate of $1.40. Furthermore, its reported …

In 2023, the portfolio returned 65% vs. the S&P 500’s 24%. 2024 gains were at 54% and outperformed the broader market and top hedge funds. NVIDIA (NASDAQ: NVDA) has returned multibagger gains since its June 2021 purchase, and Microsoft (NASDAQ: MSFT) has returned significant gains on call options purchased in 2023.