Ian Wyatt: Nearly four years removed from the subprime mortgage lending crisis pushed the U.S. into a deep recession, it’s finally time to invest in housing. Read more…
NYSE:ITB, NYSE:IYR, NYSE:XHB
Steve Mauzy: As someone who considers himself a contrarian, my interest is always piqued by alarmist headlines. Which is why I’m interested in housing. For the past two years, the sector has been a wellspring of head-for-the-hills Cassandraisms. Read more…
NYSE:ITB, NYSE:XHB
JT McGee: In 2010 one brave analyst took to 60 minutes to give deliver a warning message: municipalities are broke. Meredith Whitney made a very controversial call, declaring state and local governments a poor place to invest. In particular, she noted her expectations for the future of the municipal Read more…
NYSE:IYR, NYSE:MUB, NYSE:TFI
Eric Dutram: With a weak consumer economy and a lack of job creation, concerns are once again beginning to return to the housing industry. For the 10 City Case-Shiller index, prices are down year-over-year in non seasonally adjusted terms for the most recent reading, leading to a dreaded double dip for many markets Read more…
NYSE:IYR, NYSE:REZ, NYSE:VNQ
“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC) Read more…
NYSE:XLF
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