Homebuilder spring selling season off to solid start
OtherThe homebuilder spring selling season just started, but reports from the field confirm that sales activity in communities are materializing in a way not seen in years, Barclays Capital said. “We believe the spring selling season has arrived strongly enough to kick-start a positive feedback loop in housing for the first time since 2005,” BarCap analysts said after discussions with executives of some of the largest companies in the industry. As a result of the newly inspired optimism, Barclays upgraded four homebuilder stocks, including PulteGroup ($9.61 0%) and debt-ridden KB […]
