Time to Buy the Housing ETFs?
The Masters turn to InvestingAnswers.com as they tackle a question that many traders have been pondering -- is now the time to buy into real estate related stocks?
If you believe we have finally hit bottom in the U.S. Housing market, some plays to consider are the the iShares Dow Jones U.S. Home Construction Index Fund (NYSE:ITB) or the S&P Homebuilders ETF (NYSE:XHB), which mostly focuses on homebuilders, but also adds a few home furnishing and home improvement retailers into the mix.
Forget the housing/building stocks, go with the ETFs.
Mastery Sponsors - Become one Today
(http://www.investinganswers.com) What’s the opposite of a bubble? Whatever word applies, it surely describes the housing market.
Whereas asset bubbles are highlighted by fast-rising prices and a frenzy of transactions, a housing bubble is characterized by steadily dropping prices and stagnant activity.
But if you connect the dots, the nation’s most lame asset class looks set to move back into favor. Nobody wants to see a bubble ever again, but a strong case for investing in real estate may finally be in the making.
Time for a Rebound?
Of course, we’ve heard this sentiment before. In 2008, economists thought the housing sector would hit bottom and rebound in 2009. That forecast got pushed out to 2010, and then, well, people stopped trying to predict a rebound altogether. Home prices peaked in the second quarter of 2007 and have been falling ever since.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- European Banks Crash To Worst 2-Day Loss Ever As Default Risk Soars | ZeroHedge
- Brexit: What to Expect After the EU-UK Membership Vote | Financial Sense
- After Brexit, Ron Paul Asks "Can We Exit A Few Things Too?" | ZeroHedge
- The Last Time Bonds Were Here, The Recession Started | ZeroHedge
- No June Swoon, Bye Bye in July? | Financial Sense
- Brexit Drives Gold Frenzy, Report 26 June, 2016 | ZeroHedge
- Brexit Is What Happens When The Pie Is Shrinking | ZeroHedge
The most relevant financial news and articles from the Internets
- Trump spokeswoman immediately invokes Benghazi attacks when asked about Brexit | Business Insider
- These are the 5 best desks for your home or office | Business Insider
- British tennis player who pulled off one of the biggest upsets in Wimbledon history had... | Business Insider
- 3 things you can learn from the most effective leaders on 'Game of... | Business Insider
- A bunch of new startups are trying to make it cheaper and... | Business Insider
- Bernie Sanders is setting the stage for a... | Business Insider
- Ten Things Only Bad Managers Say | BusinessWeek