darcydancer

Homebuilders Likely Have Further to Fall

It's refreshing to see realism here.

NAR's Lawrence Yun Continues to Mislead on Housing

For the overhang to disappear, there needs to be a reasonable level of transaction velocity. How will this come about? Ask any now or soon to be unemployed mortgage broker about the prospects.
The rental market will do anything but heat up. Homes that can't sell get leased.

The WSJ Is Wrong on the Housing Crisis

Stu hit upon soething interesting-that looks like a hedge against wealth fund.

Are Homebuilders a Buy?

I was surprised when Gartman was reported as being long HOV and generally bullish on the builders. The bottom is at least 2 years away and perhaps longer as the data demonstrate. I don't think the market looks that far out. This is a bear trap.

Homebuilders Emerge From the Penalty Box

Given the overhang of existing homes, and of equal importance, the difficulty credit worthy individuals now have in obtaining mortgages, this has the look of a bear market rally.