Homebuilding Stocks
As per my previous post to buy the homebuilding stocks, home sales rose 4.9% in April. These types of increases will continue to occur especially if people think that rates will continue to rise. There will start to be panic buying to lock in their low interest rate. As I have said, everyone wants to own a home, and the sweet spot to buy is just starting to end. This prime time home buying opportunity will continue for about one year and the homebuilders will reap the benefits of this last minute opportunity.
posted by Stock Administrator @ 5:19 PM
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