Industry News

Real estates stocks post mixed results

Inman Index: First American heads up while Freddie Mac turns down
Published on Dec 3, 2007

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by CareyBot

Contrarians and bargain-hunters boosted the fortunes of three of the 10 real estate companies that comprise the hypothetical Inman Index in November.

At the top of the chart was First American Financial, which opened Nov. 1 at $30.11 and closed Nov. 30 at $34.18, a gain of $4.07 per share, or 13.5 percent. Fidelity National Financial, meanwhile, rose from $15.09 to $15.62, a gain of 53 cents per share, or 3.5 percent, and home builder ...

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