The Latest Breaking News from MI Homes Inc

With mortgage rates declining, homebuilders are poised to benefit from increased housing demand. Therefore, fundamentally strong homebuilder stocks Five Point Holdings (FPH), M/I Homes (MHO) and Sekisui House (SKHSY) might be ideal additions to your portfolio. Read on.

Despite high-interest rates, the homebuilder industry is performing well due to growing housing demand. With the Fed's expected interest rate cuts rates next year potentially boosting housing demand, fundamentally strong homebuilder stocks Taylor Morrison Home (TMHC), Hovnanian Enterprises (HOV), and M/I Homes (MHO) could be solid portfolio additions now. Read…

Despite the macroeconomic challenge, declining mortgage rates and improving homebuilders’ sentiments indicate that the housing market might be bouncing back. Homebuilding company M/I Homes (MHO) reported solid fiscal year 2022 results and has gained more than 40% year-to-date. Hence, I think the stock might be an ideal buy. Keep reading.

Homebuilding company M/I Homes (MHO) has been outperforming the broader market lately and is expected to maintain its positive momentum on the back of its strong financial metrics. Continue reading….

Sales of new and existing homes suffered considerably last year due to high mortgage rates. However, the declining mortgage rates over the past few months made home buyers active again. As mortgage rates are expected to decrease further, investing in homebuilder stocks Sekisui House (SKHSY), Tri Pointe Homes (TPH), and…