3 Housing Plays So You Can Sleep Well At Night

Mar. 13, 2024 7:00 AM ETHD, MAA, WSO20 Comments

Summary

  • A majority of Seeking Alpha readers believe that 2024 will not be a good year to buy a home.
  • Homebuilding stocks have reached all-time highs despite elevated mortgage rates.
  • Higher mortgage delinquency rates and increasing supply could weaken the housing sector.
  • We have three picks that have turned $10,000 into $1,0000,000.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT® on Alpha. Learn More »

Fast car

txking

This article was coproduced with Leo Nelissen.

The other day, I wrote an article on the bigger picture of the housing industry, which included the chart below.

As we can see above, the majority of Seeking Alpha readers believe

Sign Up For A FREE 2-Week Trial

Join iREIT® on Alpha today... for more in-depth research on REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. You'll get more articles throughout the week, and access to our Ratings Tracker with buy/sell recommendations on all the stocks we cover. Plus unlimited access to our multi-year Archive of articles. 

Here are more of the features available to you. And there's nothing to lose with our FREE 2-week trial. Just click this link.

Graphical user interface, text Description automatically generated


And this offer includes a FREE copy of my new book, REITs for Dummies!

This article was written by

119.51K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

Learn more

Analyst’s Disclosure:I/we have a beneficial long position in the shares of HD, MAA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Author's note: Brad Thomas is a Wall Street writer, which means he's not always right with his predictions or recommendations. Since that also applies to his grammar, please excuse any typos you may find. Also, this article is free: written and distributed only to assist in research while providing a forum for second-level thinking.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
HD--
The Home Depot, Inc.
MAA--
Mid-America Apartment Communities, Inc.
WSO--
Watsco, Inc.

Related Analysis