#21
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Re: Home Builders Again
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#22
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Re: Home Builders Again
holy [censored].
why are prices rising so fast? |
#23
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Re: Home Builders Again
Interest rates are low, and lenders are giving money to anyone with a pulse.
When a 'correction' happens, it is going to be painful for a lot of people. Anything exponential cannot be sustained. |
#24
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Re: Home Builders Again
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#25
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Re: Home Builders Again
[ QUOTE ]
When a 'correction' happens, it is going to be painful for a lot of people. Anything exponential cannot be sustained. [/ QUOTE ] Maybe not...the p/e's of these companies are all below 20, some below 10. It's not like they are super overvalued like the old internet companies, Amazon and AOL, etc. That's what most of these analysts that predict a bubble are missing, there isn't the huge expectation of future growth driving these stocks, it's the current earnings levels. |
#26
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Re: Home Builders Again
Tol's been my favorite for a while, but I like a lot of the homebuilder stocks.
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#27
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Re: Home Builders Again
I was talking about home prices in 'bubbly' areas. If someone today is buying a home that has risen 75% in value over the last two years, and they use a 1 or 3 year ARM or an interest only loan--they could be in big trouble if the house price goes down.
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#28
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Re: Home Builders Again
Oh, OK.
TOL is in a lot of National markets so slowdowns in a few shouldn't hurt them too much. |
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