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Home Properties latest news:
AP Exclusive: Flood insurance policies plunged before Harvey
Houston's population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five years ago, according to an Associated Press investigation.
U.S. homes sales fall to 11-month low; jobless claims up slightly
WASHINGTON (Reuters) - U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing.
WRAPUP 2-U.S. homes sales fall to 11-month low; jobless claims up slightly
WASHINGTON, Aug 24 (Reuters) - U.S. home resales
unexpectedly fell in July to an 11-month low as a chronic
shortage of properties boosted prices, the latest sign that the
housing market recovery was slowing.
U.S. pending home sales rise; Midwest factory activity slows
WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes rebounded in June after three straight monthly declines, but the housing market remained constrained by a shortage of properties available for sale.
U.S. home sales stumble as prices hit record high
WASHINGTON (Reuters) - U.S. home resales fell more than expected in June as a dearth of properties amid strong demand pushed prices to a record high, keeping first-time buyers on the sidelines.
BRIEF-Freddie Mac prices $1 billion multifamily K-Deal, K-SW2
Federal Home Loan Mortgage Corp. * Freddie Mac (FMCC) prices $1 billion multifamily K-Deal, K-SW2, backed by properties controlled by Starwood Capital Group. * Freddie Mac (FMCC) - K-SW2 certificates are expected to settle on or about July 28, 2017 Source text for Eikon: Further company coverage:
Stein Mart's stock tumbles toward longest losing streak in 3 1/2 years after S&P index changes
Shares of Stein Mart Inc. tumbled 4.7% in morning trade Wednesday, putting them on track for an 8th-straight loss, after S&P Dow Jones Indices said it was booting the apparel and home accessories retailer from its S&P SmallCap 600 index , effective July 19. That would be the longest losing streak since the 9-session losing streak ending Jan. 27, 2014. Stein Mart's stock has plunged 78% year to date, which slashed its market cap to $58.58 million from about $261 million at the end of 2016. It was still 25% above its record closing low of 99 cents on Dec. 16, 2008. The stock is being replaced in the SmallCap 600 by Chico's FAS Inc. , which was also being removed from the S&P 400 MidCap Index . Chico's will be replaced in the MidCap index by JBG Smith Properties when it is spun off by Vornado Realty Trust on July 18. The SmallCap 600 has edged up 2.8% year to date, while the 400 MidCap has gained 5.9% and the S&P 500 has tacked on 9.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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