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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: John Koligman who wrote (56248)1/15/2012 2:20:20 PM
From: John Vosilla  Read Replies (1) of 119362
 
As this is a real estate thread perhaps I missed it, but I have not seen any commentary on the pretty impressive rally in the homebuilders over the past two months

This board is a contrarian indicator these days... Pulte Homes was a great trade but bet you will have multiple chances in coming years.... Still not sure how these builders can make a decent profit and get appraisers to substantiate overinflated new home prices in these overbuilt exhurbs but I am sure there are pockets of opportunity for them. Most everything in my world where there is vacant land sells for way below replacement cost these days..
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