TOLL BROTHERS

The market is cooling, but buyers should bide their time before jumping in.

These are the stocks posting the largest moves in midday trading.

These are the stocks posting the largest moves before the bell.

But "there's reason to believe that we're getting closer and closer to the light at the end of the tunnel," the "Mad Money" host said.

Whatever the reason you’re here, whether you’re honest-to-goodness house hunting, you’re a die-hard Astros fanatic, you’re searching for images to tack to your dream house vision board, or you just need something to gawk at to pass the time cooped up indoors, enjoy a virtual tour of this Houston-area home.

Check out the companies making headlines in midday trading.

What’s going on with America’s berserk real-estate frenzy

Check out the companies making headlines after the bell on Tuesday:Toll Brothers – The home construction company's shares climbed 2.4% after Toll Brothers hiked its quarterly dividend by 54% to 68 cents per share. MongoDB – Shares of MongoDB rose 0.7% after the database services company reported better-than-expected fourth-quarter results. Analysts surveyed by FactSet expected a loss of 39 cents per share on revenue of $157 million. AeroVironment – The aircraft company's stock fell 2.4% despite the company beating Wall Street estimates for its fiscal third-quarter results. Levi Strauss – Levi Strauss' shares fell 1% after the company said Chairman Stephen Neal will step down from his position, effective March 26.

Casper Sleep (CSPR) – Casper Sleep lost 37 cents per share for its latest quarter, 2 cents a share more than analysts had been anticipating. ODP earned 55 cents per share, compared to a consensus estimate of 83 cents a share, but revenue was slightly above analysts' forecasts. Square (SQ) – Square beat estimates by 8 cents a share, with quarterly earnings of 32 cents per share. Toll Brothers (TOL) – Toll Brothers earned 76 cents per share for its latest quarter, compared to a consensus estimate of 47 cents a share. Intuit (INTU) – Intuit shares dropped 2.3% premarket after it came in 23 cents a share short of estimates, with quarterly profit of 68 cents per share.

Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well. Shares of the biggest names, such as Lennar, Pulte, DR Horton and Toll Brothers, dropped more than 2% on the news. New home sales fell a steeper-than-expected 11% in November from October, according to the U.S. Census. "In a sign that affordability will remain a primary challenge, sales of entry-level homes — priced below $200,000 — accounted for only 2% of total sales," said George Ratiu, senior economist at realtor.com. Mortgage rates dropped dramatically in November, when these sales were signed.

Check out the companies making headlines after the bell on Monday:Stitch Fix — Stitch Fix shares rallied more than 34% on the back of better-than-expected results for the first quarter. The personal styling company reported a profit of 9 cents per share on revenue of $490.4 million. Analysts polled by Refinitiv expected a loss of 20 cents per share on revenue $481.2 million. Coupa Software — The software company reported a profit of 18 cents per share for the third quarter on revenue of $133 million, sending its stock up 4%. Analysts polled by Refinitiv expected a profit of $1.24 per share on revenue of $2.08 billion.

Toll Brothers heads into Wednesday afternoon's earnings report desperate to share good news. That number boosted Toll Brothers to a 4% gain in Tuesday's session, and the stock is on track for another gain Wednesday. That trade breaks even at an underlying stock price of $36, or 20% higher than where Toll Brothers closed Tuesday's session. That may seem like a huge move at face value, but as Khouw would point out, Toll Brothers has a habit of making big post-earnings moves. "Right now [the options market] is implying an 8.5% move, after [Toll Brothers reports] earnings.

Stocks of the nation's homebuilders are tanking, on pace for their worst day since December 1, 2008, when the subprime mortgage crisis brought the whole housing market to its knees. Applications to refinance a home loan jumped 79% in one week, according to the Mortgage Bankers Association. Toll Brothers in particular, a luxury builder, will likely be impacted by the massive drop in the stock market. Shares of Lennar Corp. were down more than 10%, while Toll Brothers shares had shed more than 13%, and the stock was down almost 50% from its 52-week high. While there is very strong demand for housing, the market is still facing a severe shortage of existing homes for sale.

Homebuilders Toll Brothers, Lennar and NVR were downgraded by Bank of America Securities analysts on Thursday, who said that while they were "still bullish" on U.S. housing, they "would be remiss to assume no impact ... from COVID-19." "We've decided that low interest rates can manifest benefits in the big-box retailers in the home space," she said. "Low interest rates should be a nice tail wind for the homebuilders," he said in the same "Trading Nation" segment. NVR shares fell about 13% in early Thursday trading to roughly $2,964, well past the 5% downside Johnson had called for Wednesday. Tengler agreed that homebuilders could catch a tail wind from lower rates, but maintained that she would try and capitalize on the move "in individual names."

CNBC's Jim Cramer on Wednesday said the wait is over as millennials are now buying homes in larger numbers, pointing to luxury homebuilder Toll Brothers' earnings report for signs of proof. Toll Brothers reported stronger-than-expected results in its fiscal 2019 fourth quarter, earning $1.41 per share on revenue of $2.38 billion. And Toll Brothers, which operates in 23 states and the District of Columbia, is not alone. Taylor Morrison, another homebuilder that operates in nine states spanning the south, southwest and midwest regions, also found that millennial homebuying has been on an upward trend. "The best thing about that Toll Brothers call: it's all empirical, not political," Cramer said.

Diego Perez works on a Toll Brothers home on August 21, 2018 in Boca Raton, Florida. President Donald Trump said on Thursday that trade talks with Beijing were going "very well." Toll Brothers earningsWe'll get a read on the housing market on Monday when home building company Toll Brothers reports fiscal fourth quarter earnings. Susquehanna Financial Group is expecting Toll Brothers to report earnings of $1.35 per share, compared to the $2.08 per share reported in the fourth quarter of 2018. Shares of Toll Brothers have risen more than 11% in the last three months.

On the Move: Relocation Spotlight on Toll BrothersDavid Assid David Assid Photo: Russell Jumonville Photo: Russell Jumonville Image 1 of / 1 Caption Close On the Move: Relocation Spotlight on Toll Brothers 1 / 1 Back to GalleryAs one of the nations leading builders of luxury homes, Toll Brothers continues to ramp up its expansion plans within the Houston market. Following are excerpts from our conversation:MS : Whats new at Toll Brothers in terms of your home designs in the Houston market? MS: How is Toll Brothers enhancing the customer experience when it comes to how you interact with home buyers? MS: Can you provide a sneak peek at Toll Brothers plans for 2020? We have a gated enclave that is exclusive to Toll Brothers, with 83 home sites.

Not only were builders confident, but buyers were buoyed by a sharp drop in mortgage rates. Just 10% of sales were for homes below $200,000, which used to be considered the entry level for the builders. "Entry level has been redefined," said Horne. "To the extent that entry level used to be $200,000, the realistic number is more like $300,000 is the new entry level." There is one red flag: mortgage rates began rising again at the start of September and are now at the highest level in almost three months.

During the foreclosure crisis nearly a decade ago, investors plowed into the housing market, buying millions of distressed homes and turning some of them into lucrative rentals. The regular existing home market is very pricey, so investors are now turning to a new strategy: Buy new. And suddenly, the so-called build-to-rent market is exploding. This week a small Tampa, Florida-based builder, ERC Homebuilders, is launching a "soft" IPO, hoping to raise $100 million to build more than 1,000 rental homes across the state. There is also much less turnover in single-family rentals, and the rental market is much less volatile than the home sales market.