From RealTrends.com: We’re not even a third of the way through the year, and already the story with housing has changed at least a couple of times.In the early part of the year, there was a lot of enthusiasm about a housing recovery: All aspects from construction to existing home sales, and possibly even prices seemed to be getting better.
The homebuilder stocks were surging (actually they’d been surging since late last fall, and the early months of the year saw a continuation).