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IBDvalueinvestin (99.58)

Home Builders are trying to hire workers ASAP

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January 24, 2013 – Comments (3) | RELATED TICKERS: TOL , LEN , HOV

to get ahead of the mad rush of Spring Contract Signings in 2013.

The pent up demand for housing in New Jersey and the rest of the Northeast can only be held up on a temporary basis.

As the stock market goes so does the demand of New Homes. When you see the DJIA nearing new highs, you can bet that there are many that are getting paid big $$$ because of it. All that big money has a way of making it to New Home Sales. It has in the past and the present is ideal with interest rates below 4% and home prices now starting to head higher, which is incentive enough to buy before they go even higher.

In Hockey terms: housing hit bottom and now the chart is starting to look like a hockey stick.

(HOV) has 88 job positions currently open, if your looking for work apply now before the winter freeze thaws because by then it will be too late.   

3 Comments – Post Your Own

#1) On January 24, 2013 at 8:49 AM, PainterPoker (21.44) wrote:

FloridaBuilder was so right! I remember his last blog in 2010 detailing the how the homebuilders were in a buying frenzy, buying up land like crazy, while at the same time, reporting poor outlook and giving negative news to the media. He said they were doing this as an industry-together and he had inside information.

I even showed my dad his blog post and made him read it. We both agreed it looked really legit, but didn't do a damn thing. His picks are looking really good now, but I feel like it's too late to jump in...

http://caps.fool.com/player/floridabuilder2.aspx 

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#2) On January 24, 2013 at 8:51 AM, PainterPoker (21.44) wrote:

This is floridabuilder explaining why he deleted all his old posts. You probably remember but just in case anybody else wants to read.

http://caps.fool.com/Blogs/chimpcontest/376369 

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#3) On January 24, 2013 at 8:53 AM, PainterPoker (21.44) wrote:

I really like those charts too. I'm thinking about buying a home now and feel a little pressure to do it soon as the market is starting to bounce back.

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