Homebuilders have outperformed the market in recent months, but Goldman Sachs says stocks are...

|By:, SA News Editor

Homebuilders have outperformed the market in recent months, but Goldman Sachs says stocks are getting ahead of the recovery. Housing data has been lackluster this winter, and indicators such as mortgage applications point to a continued slump. BofA/Merrill Lynch downgrades Pulte (PHM -3.3%) and MDC (MDC -4%). Also: DHI -3.7%, LEN -1.5%, TOL -1.7%, KBH -1.1%, RYL -3.1%.