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DR Horton Inc. Message Board

  • cdp323 cdp323 Jun 21, 2013 11:10 AM Flag

    A bargain in an upswing industry

    The housing market is in a full blown recovery. To make things even better for DHI and other builders, there is now a shortage of new homes and a big need for builders to build just as quickly as possible due to the demand out there while interest rates are still low. I don't worry at all about the possibility of interest rates rising somewhat over the next year....that will simply increase the urgency for prospective homebuyers to make their purchases while mortgage rates are still low. And that my friends, will just increase the housing recovery...and the business of home builders...that much more. DHI, PHM, RYL, TOL....they are all bargains right now, especially in light of how well they are doing and the pent up demand for new housing. Getting in on a 10% dip for a market that is on a serious upswing is a rare event....I love that I caught this. Good fortune to all longs.

    Sentiment: Strong Buy

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