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Realestate

LL Flooring Revision: Back From The GraveBuilding your new home is exciting, especially when you understand how the process works. It’s understandable that buyers are excited to see their new home built from start to finish says Chip Perschino, senior vice president of construction at Edward Andrew Homes. “Our homeowners enjoy watching the home come together, from pouring the foundation to framing and watching the home take shape,” he says. “Once the home has drywall, they start to visualize themselves living in the space and how they’ll use it — imagining what furniture goes where and how they’ll entertain friends and family there.
LLong
by noam_chom
UPDATE: Vukile Properties set for upside in 2024Inv Head and Shoulders formed on Vukile as of my last update. The progress has been slow but sure. It broke above the neckline, stayed above the uptrend and 200MA. So the next target I'm raising even higher. But this time to R17.59 FUNDAMENTALS: Positive Earnings Release: Vukile Properties released their first half 2024 earnings showing an increase in earnings per share (EPS) compared to the first half of 2023. An increase in EPS is typically a strong indicator of a company's profitability and can attract investors​​. Dividend Guidance Revision: The company revised its dividend guidance for the year ending 31 March 2024, which may have been perceived positively by the market, reflecting a strong future outlook​​. Management and Board Changes: There have been management changes announced in recent months, which might have been received well by investors if they believe these changes will lead to better performance or a more positive strategic direction for the company​​. Portfolio Value and Performance: ' Vukile's real estate portfolio value has been significant, and the performance of the stock has been exceeding both the industry and the market over the past year, which can boost investor confidenc
JSE:VKELong
by Timonrosso
Calgro settings itself for super upside in 2024W Formation has formed on Calgro M3. We haven't had our breakout yet but it's most definitely forming higher lows. ANd it's above the 200MA with a predominant uptrend. This is all great news for potential upside. We'll set the first target at R6.03 FUNDAMENTALS: Calgro M3, a South African property development company, has been experiencing a rally in its stock for several reasons: Impressive Financial Performance: Calgro M3 reported strong financial results for the fiscal year ending in February 2023. This included a significant increase in earnings per share and overall revenue, demonstrating the company's ability to generate sustainable profits and manage costs effectively​​. Robust Revenue Pipeline: The company has a solid revenue pipeline in residential property development, with a forecast of R15.9 billion. This includes over 22,000 opportunities and the inclusion of a major development project, Frankenwald, which is expected to add at least 20,000 opportunities​​. Successful Residential Developments: Calgro M3 has been successful in its residential property development segment, with a large number of completed and under-construction opportunities. This success is a key driver of the company's revenue and growth prospects​​.
JSE:CGRLong
by Timonrosso
"BULL MARKETS ARE BORN ON PESSIMISM"Did you come across several media reports, individuals and others betting on the crash of US economy and how everything will collapse. Here is a quote by Sir John Templeton - "bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria". So one can understand with the growing amount of pessimism all around as to which phase of the bull market we are in - yes, just the beginning. The S&P Real Estate weekly chart shows the impulse move up (through march 2020 to dec 2021) and a subsequent 70% retracement(through dec 2021-oct 2023) of the same. The index has now just completed a complex triple three correction (WXYXZ) and is all set to move up from here. The index could double from the current levels in the coming 2-3 years time. Note*- this is not an investment advice, please do your own research before making any investment decisions.
SP:S5REASLong
by neeraj_2_sharma
Regional Banks Are Still in Serious Trouble!Traders, For the second time this year, regional banks are threatening to cross on over an essential support that has carried us through this secular bull market for 14 (going on 15) years! If our support breaks, I fear that regional banks could drag everything else down with it. Remember, it is regional banks that hold the loans for much of commercial real estate. Much of commercial real estate went vacant during COVID. We are only now beginning to understand the wave of bankruptcies that are crashing in hard as a result! Watch this line closely or stay tuned here and I will keep you up to speed as I observe any significant changes. Stewdamus
AMEX:KREShort
by stewdamus
H&S and Dark Cloud Cover indicate short term bearish reversal?Heidelbergcement's future not looking good amid a raising interest rates environment for real estate promoters. Technical analysis: Bearish A Head and Shoulders pattern could be underway since Sep 2022 and once the stock has reached a double ceiling level at 77.50€. Besides, a Dark Cloud cover was formed on Friday 29th of September in the right shoulder and today's candle seems to be confirming the candlestick pattern prophecy, which would lead us to first support level ranging from 68.5-70.5€. Beyond analysis and POV: Bearish and Bullish The fact that Vonovia has frozen 60.000 apartments that were supposed to be built now also indicates a reduction of materials' demand to build houses and perhaps other real estate promoters have come up with the same decision. This means, less materials needed for now which could potentially affect Heidelbergcement's profits in the near future. However, the ISM Manufacturing PMI came better than expected for September (actual 49, exp. 47.7 prev. 47.6). This means, any short-term bearish reversal could not last long. Fundamental analysis: All bullish considerations The debt level is considered satisfactory with a net debt to equity ratio of 32.8%. Earnings Payout to Shareholders is 26%. P/E ratio = 7.5 while industry average is 9.1.
XETR:HEIShort
by alexinve
Could a Surge in Mortgage Rates Imperil the Housing Market?Over the past 18 months, U.S. mortgage rates have soared from 2.9% to 7.6%, their highest since 2001. Will this tremendous increase in mortgage rates cause the U.S. housing market to crash like it did in 2008? On one hand, higher mortgages have led to a steady decrease in the number of new mortgages being issued. In recent weeks, the number of new mortgages has fallen to its lowest level since 1995. On the other hand, there is a major difference between today and the period leading up to the global financial crisis: vacancy rates. Vacancy rates are extremely low. Before the 2008 financial crisis, 10% of rental properties and 3% of owner-occupied properties were vacant. Today, only 6.4% of rental properties are vacant, near their lowest since 1985, while owner-occupied properties have a record low vacancy of 0.7%. Home prices have stopped rising, but so far, they aren’t collapsing. Over the past year, the price of buying a home in the U.S. has fallen by about 1%, while rental costs have risen by around 8% as higher rates force many would-be buyers into the rental market. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com By Erik Norland, Executive Director and Senior Economist, CME Group *Various CME Group affiliates are regulated entities with corresponding obligations and rights pursuant to financial services regulations in a number of jurisdictions. Further details of CME Group's regulatory status and full disclaimer of liability in accordance with applicable law are available below. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
CBOT:ZB1!
by CME_Group
PRA Group: Bullish Shark at a Weekly Support Congestion ZonePRA Group is currently trading above a Support/Resistance Congestion Zone visible on the Weekly Timeframe, and at this zone it has formed a decently sized Bullish Shark pattern with a Bullish PPO Arrow as confirmation, and this all happens to align with the all-time 0.786 retrace. If this plays out, I think it could come back up to make around a 0.886 retrace, which would put it at around $60. For further context, PRA Group is a Debt Buyer/ Collector, which is something that furthers my interests in the stock.
NASDAQ:PRAALong
by RizeSenpai
3
Bank of America is Shaping Up to Be Just Like PacWestWhen comparing the price action between BAC and PACW, it can be seen that both stocks exhibit the same price action, which is a Rising and Broadening Structure leading into the PCZ of a Bearish Alt-Bat, which all eventually came to a halt upon getting Bearish PPO Confirmation. This led to a breaking of the 21-Month SMA before ultimately flushing down to all-time lows after months of treating the 21-Month SMA levels as resistance. The same price action can be seen on Bank of America; it is just 1 step behind PACW at this point in time, which is the flipping of the 21-SMA into resistance. The next step would be for it to crash below the 2009 lows.
NYSE:BACShort
by RizeSenpai