Homebuilding Stocks
Yesterday marked a huge sell-off in the homebuilding sector which fell with the rest of the market. Today, they have incrementally recovered. These stocks are at 52 week lows due to slow-downs in housing start-ups. The so called real estate bubble is not in danger of bursting anytime soon. Interest rates are still at historic lows and people will continue to want to own a home. This major pull-back is an opportunity to buy in.
posted by Stock Administrator @ 1:28 PM
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