America needs 5 million or more homes.
There is no talk from Fed which everyone finds hawk’sh, but this guy was placed by Trump because he would lower rates. Maybe it comes before mid terms or after. But a cut or two would help housing market.
Sellers have outnumbered buyers for some time and by a large margin. This is resetting the prices which makes it more attractive for builders to jump back in full force with interest rate “deals” vs the average seller who bought 3 years ago and is trying to walk away even and not fix anything.
The ETFs cover some hardware stores which those all look good at current prices, specially HD and Lowe’s.
As I look at each company the all look OK so considering a mix of ITB, XHB, maybe even NAIL.
Obviously Brk adding to a few makes more eyes look at it this weekend. Anyone buying one or all soon?