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Several homebuilders get downgraded at Raymond James, among them TOL, MDC, and RYL. All three -...

Several homebuilders get downgraded at Raymond James, among them TOL, MDC, and RYL. All three - along with the rest of the sector - are showing solid premarket gains, however, as the strong housing starts number controls the tape. XHB +2.1% premarket.
Comments (1)
  • weyoung
    , contributor
    Comments (3) | Send Message
     
    With mortgage rates at historical lows it is hard to imagine the housing market will not continue to gain and homebuilders recover nicely
    17 Oct 2012, 09:55 AM Reply Like
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