PulteGroup, Inc. (NYSE:PHM)

Housing play

They will help this industry consolidate, or they will be bought. I like the housing sector. There is still some doubts about the health of the US economy but I think its smart to invest in real estate right now.

Not a believer in a housing recovery when we still have distressed assets in the billions lying in the balance sheets of most banks.

Ditto on this one. $14 in the next few months.

solid builder that has been around for years. builds a great entry-level home and is in good markets for the pending housing recovery. Low rates + improving economy = good prospects for Pulte.

The new home building sector will outperform the market for many years to come. Evidence that the housing market is on the way back up is irrefutable. The pent up shortage of housing will ensure new home construction is strong.

Paired with NVR. Their P/B and P/S are very close but NVR is consistantly more profitable due to a better business model. The only way I see this going wrong is if there is significant increases in land pricing (as in 2006), if the significantly DC area underperforms the US as a whole, or if PHM is bought out for some reason.

Economic trends: Low mortgage rates, low price to rent ratios, declining inventories, builder confidence up, new home sales up.

PHM will lead from the front in the US housing recovery

Inventory of homes continues to gradually drop. At the same time, the overall economy is slowly mending. Those plus continued low interest rates makes this time to get back into home production stocks and Pulte is a good one.

More foreclosures will hurt homebuilder stocks near-term.

Biggest home builder will soon be on top, once good news regarding the economy becomes more consistent.

Don't fret, the 'recovery' will be over soon and we'll be back in that good old recession we love so much.

Check out this article to see why I am bullish on PulteGroup:

http://www.fool.com/investing/general/2012/01/13/earnings-will-drive-this-industry-higher.aspx?source=iaasitlnk0000003

I had my house on the market in TX for 6 months, selling below appraisal, even considerably below tax appraisal - which is significant in TX since we have no state income tax and make it up on property taxes. My point is, there is at least a 1-2 glut of houses already on the market now for sale. With an unsure economy and the third (often tumultuous) year of a bull market that often leads to a bear, about at a 3-1 ration, bull/bear. So, these companies have to stay afloat for years to even begin to work through current glut of homes. These companies make money building and selling homes - there are no buyers. Expect a tough couple of years and even some possible bankruptcies. These guys are taking on large amounts of debt, just to stay alive.

>30 recycle

This stock is for morons who think the market for cheaply built homes on cramped lots in undesireable locations is going to start booming again.

the housing market is coming back to life very soon

Rebound