Simpson Manufacturing earnings beat by $0.15, revenue topped estimates

You’ll have to time travel back to the spring of 2014 to find U.S. pending home sales this low. According to a new Redfin report, pending sales are at their lowest level since spring 2014—except April 2020, when the pandemic brought the housing market to a halt. Redfin said pending home sales fell 4% from…

Existing-home sales remained relatively stable in July despite elevated mortgage rates, with activity declining modestly from June while remaining above year-ago levels. According to the National Association of REALTORS®, sales fell 1.7% from June to a seasonally adjusted annual rate of 4.06 million, but were 0.7% higher than in July 2025. “Home sales have been…

Memory stocks have been on a tremendous run over the past year, buoyed by surging prices, ballooning gross margins, and huge free cash flow. This has helped the stocks of Micron Technology (MU -0.78%), Sandisk (SNDK -0.28%), and SK Hynix (SKHY +0.20%) (before its U.S. IPO) go parabolic this year. Micron is up more than…

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The Department of Housing and Urban Development’s Office of Inspector General recently reported that it found many inconsistencies in records for due-and-payable partial claims in a recent audit. Processing Content The most common discrepancy found in 74 instances within a statistical sample of 81 loans from 2021-2024 was that the mortgage servicing files involved were…

The income cap for the Your First Home scheme will be set at £110,000, rising to £140,000 for buyers in London, reports suggest. First reported by The Times, the higher income cap is reported to support professionals such as teachers and nurses who might otherwise be excluded.  It was previously reported that the eligible income…