Will Homebuilder Stocks Get Nailed By Fed Rate Hike?
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| Title: | Will Homebuilder Stocks Get Nailed By Fed Rate Hike? |
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| Authors: | MATTHEW GALGANI |
| Source: | Investors Business Daily. 11/17/2015, p00. 1p. |
| Subjects: | D.R. Horton Inc., NVR Inc., LGI Homes Inc., Stocks (Finance), Foreclosure, Interest rates, Board of Governors of the Federal Reserve System (U.S.) |
| Geographic Terms: | United States |
| Abstract: | The article reports on the increase of foreclosure activities in the U.S. in the third quarter of 2015 compared to the same period in 2014, where industry watchers pointed the growth to the sale of inventory from the housing crisis instead from a rash of new foreclosures. The third-quarter earnings of some homebuilders including D.R. Horton Inc., LGI Homes Inc., and NVR Inc., are noted. Also highlighted is the impact of possible Federal Reserve's interest rate hike on the housing stocks. |
| Database: | Regional Business News |
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| Abstract: | The article reports on the increase of foreclosure activities in the U.S. in the third quarter of 2015 compared to the same period in 2014, where industry watchers pointed the growth to the sale of inventory from the housing crisis instead from a rash of new foreclosures. The third-quarter earnings of some homebuilders including D.R. Horton Inc., LGI Homes Inc., and NVR Inc., are noted. Also highlighted is the impact of possible Federal Reserve's interest rate hike on the housing stocks. |
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| ISSN: | 10612890 |
