While the increase in interest rates engineered by the Federal Reserve over the last two years put a damper on the overall U.S. housing market, it took a sledge hammer to home flippers from small contractors to reality TV stars. Just ask Tarek El Moussa, star of HGTV’s "The Flipping El Moussas" and former co-host of the real estate and renovation focused channel's mainstay, "Flip or Flop." The number of Americans acting as investors in the housing market dived 38.85% between 2021 and 2023’s fourth quarter, according to property data provider ATTOM Data Solutions.
Algert Global LLC increased its position in shares of Donnelley Financial Solutions, Inc. (NYSE:DFIN – Free Report) by 335.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,630 shares of the company’s stock after acquiring an additional 42,070 shares during the quarter. […]
American homeowners are opting to stay put for twice as long as they did 20 years ago, according to Redfin. The trend was most prevalent among baby boomers.
Donnelley Financial Solutions (NYSE:DFIN – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01), MarketWatch Earnings reports. The business had revenue of $176.50 million during the quarter, compared to the consensus estimate of $169.35 million. Donnelley Financial Solutions […]