Homebuilder stocks have staged a remarkable turnaround in 2008, despite a torrent of bad news, but the share prices of many are still closer to the floor than the roof.
Thursday, 27 Dec 2007 | Source: The Associated Press
The upside to a housing slump is cheaper homes. But many prospective buyers don't see bargains yet. And stricter lending standards qualify only the cream of the credit crop.
Their was plenty of discussion over the weekend that the market's recent upward momentum did not match the reality of the poor economic situation... Read More