Interest rates has investors concerned about housing. I think they are wrong, even a 5% is a great deal and as interest rates go up, the banks will be more willing to lend money to buyers with lower down payments and less than stellar credit. Because of this, there will be more buyers as rates go up.
My opinion does not count, so it looks like these home building stocks are headed lower.
Maybe lower...Institutions at play. If it breaks $24 it should go to $22. Jobless claims, Existing Home Sales and housing starts next few weeks; Washington always sees the numbers beforehand. Institutions 2.2M shares lighter at the end of March.