Improvement in the jobs market, improvement in potential buyer traffic, improvement in existing home sales, no change in record low mortgage rates…no surprise the analysts are starting to upgrade the nation’s public home builders. Not to mention that we’re getting an unusually warm start to the spring market. Read More
As I was driving back toward DC, I noticed the price of gas (for the cheap stuff) was $3.75 a gallon. Ouch. That can’t be good for sales. Some of the potential buyers I spoke with worried about the drive time, but hadn’t seem to give gas prices as much thought. Read More
While housing reports this year have generally pointed to an improving recovery in the real estate market, the growth remains at an anemic pace, translating into choppy moves for housing stocks for the foreseeable future. Read More
If you want to invest in homebuilders, check your calendar. Susquehanna Financial Group analyst Jack Micenko said the best time to buy homebuilder stocks is between November and March. Read More
The "buy American stocks" trade is gaining backers by the day as US economic indicators continue to show improvement and investors become less-focused on Europe. Read More
The housing industry is healing, but one Goldman Sachs analyst recommends investors steer clear of the rally in homebuilders such as Lennar and PulteGroup. Read More