interesting, in my research today i was noting that housing stocks are among the best sector during this january correction, with most 1 or 2% off their highs, and TOL at a new high
clearly my view of the housing market is 180 degrees from yours, as i see strong prices in various locations, but not much of a bubble, and certainly nothing about to burst, but do you think these stocks would be doing this well if a bubble burst was imminent? the market always looks 6 to 12 months ahead, and the housing numbers continue to come in at record levels, in terms of permits, starts and sales
time will tell, but according to the doomsayers, the supposed bubble was going to burst 4 or 5 years ago, and since then we went through 9/11 and a recession with no signs of weakness at all...check the starting date of the housing bubble crash thread, or whatever it's called, for a continual hearty laugh....in the current fairly strong and growing economy, are we more likely to have a housing market crash than during those conditions? not IMHO, but that's just me
ironically, all of that said, i don't own any housing stocks at this point, though i may buy some SPF calls ahead of their report wednesday afternoon |
