Holy Sh*t, Homebuilders!

Didn’t you get the memo?  Housing has turned.  Smart people have been telling you this for a little while now, including perhaps the most knowledgable voice on housing in the country, Bill McBride at Calculated Risk.  McBride has unequivocally stated that the only debate is about the strength of the recovery, not whether it’s started.  He notes that the uptick in activity and starts will be precursor to rising prices.

And now, it’s starting to become apparent to the crowd.

From Bespoke Investment Group:

What does this mean for your investment thesis for the second half of this year and beyond?

Are you too bearish?

Are you forgetting that homebuyers borrowing at record-low rates really don’t give a damn about Spain or Ireland?

Are you too close-minded to the possibility of renewed confidence across America as peoples most important asset stops dropping in price?

Are you keeping in mind the fact that people who move into a new home do a ton of spending in their local communities, that they buy furniture, garden stuff, carpeting, window treatments, fences, comforters and pillows, sheets, paint, roofing materials, outdoor grills, new kitchen appliances, washers and dryers, televisions, lawn care services, alarm systems, etc?

Have you considered what that wealth effect – the real wealth effect, not the fake stock market one –  could mean for everything else?

Is the housing market rebound factoring into your thinking yet?

 

 

 

 

 

 

What's been said:

Discussions found on the web
  1. https://eatverts.com commented on Sep 21

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  2. PI News Wire commented on Sep 22

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  3. immediate edge reviews commented on Oct 01

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  4. Vape juice commented on Oct 30

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  5. Regression testing solutions commented on Nov 25

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  6. wigs for women commented on Dec 17

    … [Trackback]

    […] Here you will find 31647 additional Info to that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  7. smith and wesson m&p commented on Jan 12

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  8. Eglo 93167 manuals commented on Jan 19

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

  9. human hair wigs commented on Jan 20

    … [Trackback]

    […] There you can find 17348 more Information on that Topic: thereformedbroker.com/2012/07/15/holy-sht-homebuilders/ […]

Read this next.