2 Reasons Rate Rise Makes Homebuilders A Buy
The sharp drop in homebuilder stock prices last week was based on the belief that interest rates up necessarily means home sales down. In today’s environment, that logic is flawed. The correct evaluation should be that the rising interest rates will boost housing’s comeback, not defer or diminish it. Therefore, those hammered homebuilder stocks give us a special opportunity.
This article is published on SeekingAlpha.com
