Replies to post #65844 on Savvy Trades and Investments

[researcher59]

Homebuilder pullback may have been caused in part by rising interest rates .... the 30 yr treasury is up from 2.01% in early October to 2.34% yesterday.

I trimmed my positions a few weeks ago and plan to start buying back on further weakness .....

CCS, MHO

[researcher59]

Homebuilders having an excellent start to the year, boosted by falling mortgage rates and a supply shortage - I added to my position in TMHC this morning - forward PE's are still in the 7 to 11 range for most of the group.

 
 YTD 
  
 TKR    % Change   Cur Price   Start Price 
  
 MHO      16%        45.83        39.35 
 LEN      16%        64.94        55.79 
 LGIH     15%        80.97        70.65 
 TMHC     14%        24.97        21.86 
 TOL      14%        44.9         39.51 
 WLH      12%        22.47        19.98 
 BZH      11%        15.75        14.13 
 NWHM     11%        5.17         4.66 
 CCS      11%        30.25        27.35 
 KBH      10%        37.84        34.27 
 MTH      10%        67.22        61.11 
 PHM      10%        42.54        38.8 
 DHI      8%         56.97        52.75 
 TPH      6%         16.52        15.58 
  
 AVERAGE RETURN =            11.8%