Lennar to build 53 townhomes near Greenacres; neighbors blast approval 

Why Warren Buffett is Buying Lennar Stock, and How to Invest in Housing Like a Billionaire

During the latest Market on Close livestream, John Rowland, CMT, highlighted an under-the-radar shift happening in the U.S. housing market — and why homebuilder stocks and ETFs might be primed for a breakout. With mortgage rates still elevated, single- …

Does Warren Buffett Know Something Wall Street Doesn't? He's Buying Shares of This Industry Giant Two-Thirds of Analysts ...

Warren Buffett hasn't found a lot of opportunities to put Berkshire Hathaway's cash to work recently. One industry he's investing in this year is currently facing challenges from high interest rates and macroeconomic uncertainty. That's …

Provo city officials say developer’s fence removal did not worsen impact of mudslide

PROVO — After a large mudslide last week in Provo that buried a car and damaged a church, city officials said on Friday that a developer’s actions did not make the situation worse. At a news conference, Mayor Michelle Kaufusi said city officials did their …

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% on Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It marks the lowest rate since Oct. 3 and the biggest one …

Stocks Supported by Fed Rate Cut Expectations

The S&P 500 Index ($SPX) (SPY) today is up by +0.31%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.28%.  September E-mini S&P futures (ESU25) are up +0.29%, and September E-mini …

Stocks Gain and Bond Yields Fall as US Labor Market Cools

The S&P 500 Index ($SPX) (SPY) today is up by +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.14%.  September E-mini S&P futures (ESU25) are up +0.19%, and September E-mini …

Mortgage Rates Reportedly Witness Biggest Single-Day Plunge In Over A Year As Jobs Data Disappoints

Mortgage rates reportedly took a sharp dip on Friday, with the average 30-year fixed rate reportedly falling to 6.29%. According to a CNBC report, this marked the steepest single-day decline since August 2024 and the lowest level witnessed since early …

Shopoff Realty Sells Fullerton Retail Center

Irvine-based Shopoff Realty Investments announced this week it sold the final remaining parcel of the 14-acre Sunrise Village retail center in Fullerton. The nearly half-acre parcel was offloaded for $2.5 million, bringing Shopoff Realty’s total …

How August Jobs Data Could Set The Stage For A Homebuilder ETF Rally

The August jobs report delivered an unpleasant surprise, and a potential gift for housing ETFs. U.S. nonfarm payrolls increased by just 22,000 last month, far below the 75,000 economists had expected and down sharply from July's 79,000. Revisions to …