Building products manufacturer Simpson (NYSE:SSD) reported Q1 CY2025 results exceeding the market’s revenue expectations , with sales up 1.6% year on year to $538.9 million. Its non-GAAP profit of $1.86 per share was 20.5% above analysts’ consensus estimates. Is now …
Renters now need to earn more than $100,000 to comfortably afford rent in eight major metro areas, underscoring how wage growth hasn’t kept pace with the cost of living in recent years. Since 2020, four new cities — Los Angeles, …
Mortgage interest rates have increased overall today. According to Zillow, the average 30-year fixed mortgage rate is up by one basis point to 6.72%, and the 15-year fixed interest rate has risen by seven basis points to 6.03%. Rates may …
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Offerpad (NYSE:OPAD) and the rest of the real estate …
Homebuilder Tri Pointe Homes (NYSE:TPH) announced better-than-expected revenue in Q1 CY2025, but sales fell by 21.1% year on year to $740.9 million. Its non-GAAP profit of $0.70 per share was 42.9% above analysts’ consensus estimates. Is now the time to …
While baby boomers are collectively sitting on $75 trillion in wealth, that’s not distributed evenly, meaning many can’t afford to move out and instead must stay in their homes. That’s weighing on the housing market by holding back inventory, according …