Replies to post #74060 on Savvy Trades and Investments

[researcher59]

Homebuilders still down 25% on average from early 2020 highs -

 
 TKR      LOSS     Cur Pr    High Pr   Date of High 
  
 NWHM     -58%      3.08      7.38      01/25 
 BZH      -42%      9.92      17.23     01/30 
 TOL      -35%      32.16     49.31     02/11 
 TMHC     -34%      18.92     28.47     02/21 
 MHO      -32%      32.78     48.02     01/24 
 KBH      -28%      29.2      40.51     02/18 
 PHM      -28%      33.92     47.37     02/19 
 TPH      -22%      14.52     18.63     02/21 
 CCS      -22%      30.75     39.31     02/21 
 LEN      -13%      62.17     71.38     02/21 
 DHI      -10%      56.55     62.54     02/18 
 MTH      -3%       77.03     79.26     06/08 
 LGIH     -2%       97.67     99.73     07/07 
  
 AVERAGE RETURN =            -25% 
 
                            

[cliffvb]

TMHC and LGIH More evidence of strong demand for new homes. People are into social distancing and one of the best ways to do it is move out of that city apartment and into a single family home in the suburbs. Plus many people are unwilling to put their used house on the market with covid so for many a new home is their best option. Record low mortgage rates to near 3% for 30 year fixed sure don't hurt either.