JREB777

Incentives: A Positive Trend Developing For Homebuilders?

Give us a break.
Incentives are down by a few percentage points, but final sale price is down by double digits!
Yes of course people prefer a lower price to a lot of stuff in their home they are not really in need. Marble, Granit, etc.
Buyers are just saying give me the low price and that is it!
Home builders are saying, we are done with the granti top inventory and thus there is no monetizing those items any more, so no need to push them.

No wonder most have lost money in the market.
Like you, they have no idea what is really happening and portend a thesis that has no logic.

Good luck!
You will need it.

Shorting the Homebuilders as Their Stocks Surge

Pricing this is simple. Go back to before the beginning of the housing bubble 1999 and look at the price of the HBs. We will be there before we go any higher.
If things really get uggly, I don't believe they will, then we may go back to 1992-94 stock prices. Back then they where worth 1/20th what they are worth today.
Good luck, but the trend is lower.