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Meritage Homes Corporation Message Board

  • quicadeptxpert quicadeptxpert Apr 6, 2010 1:20 PM Flag

    5 Reasons why home building stocks are about to skyrocket.

    1) Pending home sales are soaring as people try to take advantage of the expiring $8,000 tax credit.

    2) People are beginning to realize that home prices are pretty close to the bottom.

    3) Mortgage rates are just beginning to climb and the new home buyer will need to quickly lock in a low mortgage rate.

    4) March economic reports released in the next few weeks will confirm an economic recovery is under way. (especially compared to Feb)

    5) (Possible) analyst upgrades or housing pump article from Motley fool or Jim Cramer.

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