The number of improving housing markets continued to expand for a third consecutive month in November, rising from 23 to 30 on the latest National Association of Home Builders/First American Improving Markets Index (IMI).
The U.S. Dept. of Housing and Urban Development (HUD) and the U.S. Dept. of the Treasury recently released the October edition of the Obama Administration's Housing Scorecard.
Lumber Liquidators (NYSE: LL) was upgraded by equities research analysts at Goldman Sachs (NYSE: GS) to a “buy” rating in a research note issued to investors on Monday.
Mohawk Industries Inc posted a lower-than-expected quarterly profit and forecast adjusted fourth-quarter earnings below analysts' estimates, hurt by higher raw material costs.
Freddie Mac, one of two mortgage-finance companies under U.S. conservatorship, reported a $4.4 billion loss for the third quarter and said it will seek $6 billion from the U.S. Treasury Department.