Could Housing be making a Comeback?

by Laura Ehrenberg-Chesler on January 6, 2011

in Earnings,Economic Indicators,Investment Strategies,Residential Real Estate

Many professional investors would say that the housing market is still in the doldrums.  Projections are downbeat, and inventory is high.

But, just as the market performance as a whole is a good leading economic indicator, so too do certain stocks or sectors predict what may lie ahead for a certain industry.

Jim Cramer recently pointed out in his “RealMoney” column, that stocks like Whirlpool, Lowe’s, Black and Decker, and William Sonoma have seen big upward moves in the price of their shares.

The upward trajectory of these stocks is probably a good indicator of positive news to come in the housing market.  Watch for it.

Leave a Comment

Previous post:

Next post: