there are more cash buyers looking for rentals for a return on there money. Cash on cash is not paying well in other sectors.
When I was young it was nothing to see thousands of units going up in several locations nearby. I have not seen anything resembling this in years. The government props this stock up for the institutions that house peoples retirement funds and such. I for one will not get in this investment at this time in this nation.
Government figures are not very accurate at this time. Everything is really stretched. Have you seen what the President of this country has been promising everyone?
FOUR-THUMBS DOWN---YET NOT ONE ANSWER SAYING WHY IM WRONG....FUNNY AINT IT....EMPTY BARRALS MAKE THE MOST AND IT 4 OF THEM AGAIN LITTLE OLD ME...hahahaha.....till monday then.....enjoy the weekend....
I know the stock [[[---hov---]]] , and with the middle-class getting smaller all the time with king-obomba in there, you hv to be crazy to buy this ---hov--- over lenneror-toll bros.-period.....!!!
--up--for the day....question to you is were are we going with a pres. Thats not telling the truth to the people...........i want hseing up........but with this guy in there can you trust your money in these stocks at this time....middle class is 4% smaller than last year at this time....so forget ----hov---- at the moment...........==len ==.......... Is the way better play for they hv enough land bot r.i.g.h.t. For them to build all over america for the next 10-15 y.e.a.r.s...and thats a fact---jack !!!!....enjoy.....
I haven't been in this sector in a while but I just heard on cnbc it's because they're talking about raising
the interest rates. Jon nigarian said to buy on the dips.
RLGY CEO Richard Smith also said
"While industry observers anticipated that the mortgage rate environment would slow the housing recovery, we now believe the exact opposite occurred — it accelerated.