Homebuilders have actually done very well since early November. Take a look at the chart for XHB, an ETF for homebuilders since then. Sure, they have sold off the last couple of days, but so has everything else except gold.
LGIH has been one of the weaker builders in the last few months, but prior to that it had a very nice run. I remain bullish on the group but we need government to get its act together and not remain mired in gridlock.
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