Tag Archives: homebuilders
The housing market has been hurting lately — especially in parts of the country (such as the coasts) where prices climbed too fast. But I’m picking up indications that the bottom may not be far off.
A fascinating, eccentric critter this stock market is. Today, prices dropped sharply after the Federal Reserve voted to raise overnight interest rates another quarter-point (to 3.75% on the key federal funds rate). Yet the Fed’s move should have come as absolutely no surprise.