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To: The Ox who wrote (1904)	4/16/2013 9:08:26 AM
From: The Ox	Respond to of 8271

Housing starts for the month were 1.036 million versus an expected 930,000. This is 7.0 percent above the revised February estimate of 968,000 and is 46.7 percent above the March 2012 rate of 706,000. Building permits were light at 902,000 versus an expected 942,000. This is 3.9 percent below the revised February rate of 939,000, but is 17.3 percent above the March 2012 estimate of 769,000. Privately-owned housing completions in March were at a seasonally adjusted annual rate of 800,000. This is 11.0 percent above the revised February estimate of 721,000 and is 36.3 percent above the March 2012 rate of 587,000.

To: The Ox who wrote (1904)	8/15/2013 11:11:12 AM
From: The Ox	Respond to of 8271

Some home builders turning positive, too....

To: The Ox who wrote (1904)	2/16/2014 2:34:03 PM
From: The Ox	Respond to of 8271

Most home builder stocks have performed very well since Oct/Nov of last year. TOL may be ready to breakout, although the last few times it popped like this it almost instantly backed off again....

To: The Ox who wrote (1904)	2/26/2014 12:05:11 PM
From: The Ox	Respond to of 8271

Up trends continue in Home builders....

To: The Ox who wrote (1904)	7/30/2014 2:42:29 PM
From: The Ox	Read Replies (1) \| Respond to of 8271

Putting the home builders sector on reversal watch, the list of a few of the major players in the linked post. Probably a little early on this one but worth watching for a change in trend. What seems to happen frequently is one bad monthly report is followed by a better than expected in the next. Last week's report was very lousy, so we'll see if next month's shows improvements. BZH and HOV look the most oversold at the moment....fwiw. I strongly suggest not being in a hurry to catch these falling knives but looking for signs of a turn in the sector! NOTE, since it's an entire sector, I'm not adding any symbols to the tracking portfolio.

To: The Ox who wrote (1904)	11/13/2014 1:33:57 PM
From: The Ox	Read Replies (2) \| Respond to of 8271

Home builders have been on a tear since the market bottomed in Oct.....

To: The Ox who wrote (1904)	4/22/2015 1:28:30 PM
From: The Ox	Respond to of 8271

Home Builder Charts: Message 28835993 D.R. Horton Inc., the largest U.S. homebuilder by revenue, fell the most three months after saying its entry-level Express Homes division may make up a greater share of sales, putting pressure on profit margins.Gross margin in the fiscal third quarter probably will be 19.5 percent to 20 percent, D.R. Horton executives said on a conference call Wednesday. In the second quarter ended March 31, it was 19.7 percent, down about 250 basis points from a year earlier. Average selling prices may fall, the company said. “Certainly, as Express grows, that does pull the ASP down,” Bill Wheat, chief financial officer of the Fort Worth, Texas-based builder, said on the call. “So, that ASP is one of the most difficult things to predict exactly where it’s going to be quarter-to-quarter.” The shares dropped 6.1 percent to $26.83 at 12:44 p.m. New York time. It was the biggest intraday decline since Jan. 15. D.R. Horton was among the first builders to signal it was boosting sales volume more than prices to draw in more first-time buyers. U.S. new-home sales have been slow to recover from the housing crash, even as the job market improves, because many potential buyers are unable to get a mortgage or afford the higher cost of new construction. For D.R. Horton’s fiscal second quarter, the average closing price was up 3.7 percent from a year earlier. Analysts at Sterne Agee & Leech Inc. led by Jay McCanless were expecting a 5.2 percent gain, they said in a note to clients Wednesday. McCanless rates D.R. Horton the equivalent of hold. Orders IncreaseNet income for the three months through March climbed to $147.9 million, or 40 cents a share, from $131 million, or 38 cents, a year earlier, the company said in a statement. The average of 15 analyst estimates was 38 cents a share, according to data compiled by Bloomberg. Orders increased to 11,135 homes with a value of $3.2 billion in the quarter, compared with 8,569 houses valued at $2.4 billion a year earlier. Homebuilding revenue rose to $2.34 billion from $1.7 billion. Express Homes accounted for 8 percent of revenue and 18 percent of new sales during the quarter, with an average price of $179,000, according to Jessica Hansen, D.R. Horton’s vice president for investor relations. The lower-cost models may account for 30 percent of the company’s production, she said. “Clearly, we are growing our Express community count at a faster rate than the rest of the company,” Hansen said on the call. “In absolute terms, the number of homes sold doubled – or tripled.”