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As Housing Market Improves, Forget Homebuilders and Watch Home …


As Housing Market Improves, Forget Homebuilders and Watch Home …

As Housing Market Improves, Forget Homebuilders and Watch Home …
News from Minyanville.com:

MINYANVILLE ORIGINAL Tuesday’s October New Home Sales report generally confirmed that the housing market is improving. October sales followed a sharp rise in September (Sept. = up 5.7% to 389,000). The September and October reports also show that supply is very tight and actually is limiting sales. The improvements in the housing data, coupled with the delay of implementation of the Basel III rules – which would lower the value of real estate assets as bank capital – is good news for the sector.  Home prices and home sales are now at a two-year high.

But investors are wise to be cautious, especially when it comes to investing in homebuilder stocks, which as a group, have already gained over 60% in the past 12 months. DR Horton (NYSE:DHI) underwhelmed investors with its latest earnings report. Toll Brothers (NYSE:TOL) warned of “bumps” ahead.
 <…………… continues on Minyanville.com

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Related News:

Online Resources at Middletown Library
News from Home Improvement Reference Center – Atlantic Highlands Herald:

Sandy - civic
Written by Middletown Township Public Library   
Wednesday, 28 November 2012 13:53

MIDDLETOWN, NJ – The Middletown Township Public Library, 55 New Monmouth Road in Middletown, in cooperation with EBSCO Publishing, is making available The Home Improvement Reference Center online resource. This site includes magazine articles and reference content, as well as videos and images to provide the latest step-by-step information for safely doing home repairs. In addition to background information, there are basic tips on electrical, plumbing, woodworking, outdoor products, maintenance and decorating topics.

The site can be accessed by logging onto the Library’s website, www.mtpl.org. or by visiting the library and searching the database.

Recognizing that libraries are a…………… continues on Home Improvement Reference Center – Atlantic Highlands Herald

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