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    • NAHB: Builder Confidence Declined in May

      Calculated Risk· 6 hours ago

      Any number below 50 indicates that more builders view sales conditions as poor than good. With mortgage rates averaging above 7% for the past four weeks per data from Freddie ...

    • Q1 2024 Smith Douglas Homes Corp Earnings Call

      Thomson Reuters StreetEvents via Yahoo Finance· 10 hours ago

      We finished the first quarter with 1,110 homes in backlog, with an average selling price of $343,000, an expected gross margin on those homes of approximately 26.5%. As we sit here ...

    • Q1 2024 Starwood Property Trust Inc Earnings Call

      Thomson Reuters StreetEvents via Yahoo Finance· 7 days ago

      Record demand allowed us to tighten pricing by 75 basis points. And after swapping this fixed rate issuance to floating, we borrowed at a repo equivalent of SOFR plus 312 ...