Real Estate

Firefly Aerospace launches IPO above expectations, the housing market looks out of whack, and more news to start your day.

Zillow’s revenue was up 15% from the year prior. The company has been building what it calls “a housing super app.”

The number of days homes have been on the market and construction data could signal the direction of the housing market.

The iBuying business model was hot during the pandemic but became more difficult once the housing market shifted.

Shares of the retailer haven’t moved much since April. The cruise operator’s stock is beating the S&P 500.

The initial response rate to government surveys of businesses has been low this year, diminishing the reliability of the first estimate of monthly job growth, one economist notes. Plus, investment newsletter commentary on gold, real estate, copper, and shrinking profit margins.

President Donald Trump is discussing the idea to monetize the two mortgage giants, including a public offering, according to Bloomberg.

Mortgage rates are based more on forward-looking economic and monetary expectations than Fed decisions.

If mortgage rates remain near recent levels, buyer demand could remain subdued relative to supply, leading to lower prices.

The U.S. government could profit from its stake in Fannie and Freddie, but only if the mortgage giants were run through receivership, finds the Congressional Budget Office.

Comments by Bill Pulte, director of the agency that oversees the mortgage giants, suggest that releasing them from conservatorship isn’t as certain as some investors thought.

The casino and resort operator reported a strong second quarter. Mizuho raised its price target to $56 from $47, and reiterated an Outperform rating.

Musk’s lofty vision for robo-taxis, Google’s spending on AI increases, Krispy Kreme joins the meme-stock revival, and more news to start your day.

Mortgage rates need to drop for sales to pick up, one economist says.

Reddit day traders have been piling into heavily-shorted stocks lately, in a rehash of 2021's GameStop craze.

General Motors tops earnings estimates but the stock falls, and Lockheed Martin stock declines after the defense contractor’s earnings included charges of $1.7 billion that took Wall Street by surprise.

The president was referring to a bill introduced earlier this month that would aid middle-class homeowners facing capital-gains taxes due to rising home prices.

Falling treasury yields could also give the sector a boost.

Both home builders said affordability constraints, high interest rates and cautious consumer sentiment are still a concern.

The online real estate developer's shares are on a stellar run. Investors should be careful not to get burned.

Stock market momentum stalls, TSMC joins $1 trillion club, short sellers circle Opendoor, and more news to start your day.

Shares have nearly tripled in value over the past week.

The decline is a potentially positive sign for investors waiting for builders’ margins to bottom.

As the director of the Federal Housing Finance Agency, Bill Pulte oversees the system that helps keep the U.S. mortgage market liquid.

The megabill raised the ceiling to $40,000 on the state-and-local tax deduction. How much you benefit depends on where you live.