Free press releases distribution network?

Agency / Source: ECON Corporate Services / InvestorIdeas.com™

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



The Debate Continues on the Potential for Homebuilder Stocks to Rebound - Despite the lows in homebuilder stocks this year, the industry continues to show signs of strength.
The Debate Continues on the Potential for Homebuilder Stocks to Rebound

 

PRZOOM - /newswire/ - Point Roberts, WA, United States, 2006/09/27 - Despite the lows in homebuilder stocks this year, the industry continues to show signs of strength..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

HomebuilderStocks.com (HBS), a global investor and industry news portal for the homebuilder sector, reports on homebuilder stocks and the current housing market. The housing sector, which has experienced record-breaking numbers over the past five years has seen significant slowing this year. Homebuilder stocks have felt the brunt of this decline in their share value over the past several months. While many speculate as to whether or not this sector has reached a bottom, some of the large players in this industry have started to realize gains in their stock price since mid-summer.

Over the past couple of months many of the major homebuilders have experienced climbing share prices. KB Home, Toll Brothers Inc. and D.R. Horton have each seen their stock price gain over $3.25 since July 31st based on yesterday’s close. More impressive are the gains seen by building giants Pulte Homes and Centex Corporation. Pulte has enjoyed a stock increase of $4.74, moving from a July 31st close of $28.50 to a recent close of $33.24, while Centex has seen a gain of $7.67, jumping from $47.31 at the end of July, to its recent close of $54.98. With these industry leaders showing signs of stock appreciation, the debate for a market rebound strengthens.

Despite the lows in homebuilder stocks this year, the industry continues to show evidence of strength. As Dr. Mike Huddy, CEO of International Barrier Technology (OTCBB: IBTGF; TSXV: IBH), a manufacturer of proprietary fire resistant building materials describes, “There is some regionality in the market itself in that some places in the United States are still relatively strong with respect to homebuilding. Even though many talk about this year as being the lowest in three years, people should remember that for the past three years we set an all-time record in the homebuilding industry. In addition, this current year will most likely still stack up as being one of the top five in history for homebuilding in the United States.”

Despite the fact that existing home sales dropped by 0.5 percent last month, moving from 6.33 million units in July to 6.30 million units in August, the National Association of Realtors® (NAR) describes this level of sales as stabilized at a sustainable pace.

NAR’s chief economist, David Lereah recently stated that home sales appear to be leveling out. “After a stronger-than-expected drop in July, the fairly even sales numbers in August tell us the market is at a more sustainable pace. It keeps us on track to see the third highest sales year on record, but we do expect an adjustment in home prices to last several months as we work through a build up in the inventory of homes on the market.”

On the commercial side the NAR recently released positive comments in its latest ‘Commercial Real Estate Outlook’, which indicated that the commercial market is fundamentally solid and that they anticipate vacancy rates to tighten, as well as a continuation of large investments into the commercial sector and rising rents.

International Barrier Technology has managed to continue to increase sales and customer base despite declines in the homebuilding arena, reporting records for both monthly sales volume and revenue for the month ending August 31, 2006. “Our strategy of focusing on sales volume and picking up market share in regions of the country that continue to be heavy participants in the types of building projects suitable for our products, remains the same. As a result, we continue to set new sales records and achieve double digit growth on a regular basis,” states Dr. Huddy.

Featured Companies: (HBS is compensated by International Barrier as disclosed in disclaimer.)

International Barrier Technology Inc. (IBTGF: OTCBB; TSXV: IBH) develops, manufactures, and markets proprietary fire resistant building materials branded as Blazeguard®. Barrier’s award-winning Blazeguard® wood panels use a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water in the heat of fire.

About our Homebuilder Portal: HomebuilderStocks.com is an investor and industry news portal for the homebuilding sector within the InvestorIdeas.com™ content umbrella. The HBS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.

For our list of companies participating in the home building industry click here: homebuilderstocks.com/Companies/HomebuilderStocks/HomebuilderStockList.asp

InvestorIdeas.com™ Disclaimer:
Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our websites. Our sites are currently compensated for by their "featured companies." HBS is compensated by International Barrier Technology, Inc. (IBTGF: OTCBB): Three thousand per month and 100,000 options.

For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant[.]investorideas.com

Source: HomebuilderStocks.com and International Barrier Technology Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Construction/Architecture/Infra Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction/Architecture/Infra articles,
CATCH Visitors via Your Competitors Announcements!


The Debate Continues on the Potential for Homebuilder Stocks to Rebound

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Anne-Marie Fleming 
866-725-2554 afleming[.]investorideas.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Construction/Architecture/Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Construction/Architecture/Infra Most Recent Related Press Releases:

CIMIC's Thiess Extends Operations in Botswana
PCL Construction Wins Five Top Projects Awards
CIMIC Investment, HLG Awarded A$215M Project in Qatar
CIMIC's CPB Contractors Wins Water Treatment Plant
Business of Design Week 2016 Architects Drafting the Future City
CIMIC's Thiess Awarded Contract Expansion & Extension At Melak
Major Step in Unique Engineering Project as Chernobyl Arch Slides into Place
CIMIC’S CPB Contractors Wins Amberley Base Upgrade Project
VINCI Airports, the Caisse Des Dépôts and Crédit Agricole Assurances Finalise the Acquisition of 60% of Aéroports de Lyon
CIMIC Investment, HLG Awarded AED490m Project in Dubai

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today