Record low mortgage rates along with declining material prices and rising jobs in the construction sector are helping the housing industry to regain momentum.
Meritage Homes (MTH) is set to benefit from a focus on entry-level, first-time, and move-up buyers along with a solid housing industry.
Dream Finders' (DFH) acquisition strategy is likely to boost profitability, going forward.
Meritage Homes (NYSE:MTH) and Operation Homefront today announced that a military family has been selected for the Permanent Homes for Veterans program and will receive a brand new, energy-efficient and...
Century Communities (CCS) opens three new communities in the Louisville Metro area, debuting in the Kentucky market.
Backlogs in construction and rising commodity prices led to tight supply in the housing market, thus creating a surge in housing prices over the past year. However, as demand has started to decline lately,...
Lack of competition, favorable housing backdrop and acquisitions make Toll Brothers (TOL) a solid pick right now.
BCC, DOW, HPQ, and MTH made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 7, 2021.
Although a rise in input prices and land/labor costs pose risks, low mortgage rates and higher demand are likely to drive the industry. TOL, MTH, TPH, CCS, and MHO are well-positioned to gain.
U.S. construction activity is gaining momentum on a robust homebuilding market, helping stocks like KB Home (KBH), Toll Brothers (TOL) and Century Communities (CCS).