24.08.2012 - Home builders ride high in housing recovery
It takes a while to break free from knee-jerk opinions that may no longer reflect reality, especially when you’re bombarded by messaging that reinforces outdated perceptions. Look at the real estate market and home builder stocks with all of the tales of woe and ruin in the aftermath of the financial crisis and crash and burn of the mortgage market. Since hitting the skids in 2007-2008, the U.S. residential real estate market has done what it has usually done after big booms that have gone bust–it corrects imbalances and gears up for the next boom...............................................Full Article: Source
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