Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Florida's influx of rich residents is killing the middle class and housing market [Fortune]

Home BancShares, Inc. (HOMB) 
Last home bancshares, inc. earnings: 4/16 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: homebancshares.com/investor-relations
Company Research Source: Fortune
allowed for the working class, like teachers, nurses, and hospitality workers, to build a comfortable, middle-class lifestyle. Recommended Video But times are changing. The pandemic ushered in a massive wave of wealthy transplants, forcing home prices higher and making the Sunshine State one of the biggest losers in today's housing market Florida gained more wealth from high-earning transplants than any other state in 2023, according to Internal Revenue Service data. The Sunshine State gained $20.65 billion in annual adjusted gross income from tax filers who moved there from another U.S. state, a Realtor.com analysis published March 27 shows. The average income of people who moved to Florida from another state was $122,530, the highest among all U.S. states, according to Gay Cororaton, chief economist for the Miami Realtors. “This wealth migration has been the primary factor driving up prices, with prices continuing to climb due to strong demand, even when mortgage rates sta Show less Read more
Impact Snapshot
Event Time:
HOMB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HOMB alerts
Opt-in for
HOMB alerts

from News Quantified
Opt-in for
HOMB alerts

from News Quantified