Big money is starting to wager on housing.
Caxton Associates, SAC, Avenue Capital and Blackstone have been buying housing-related investments, betting on a rebound. And formerly bearish research firm Zelman & Associates now predicts a housing pickup, as does Goldman Sachs. Other investors seem to be making the same bet. Shares of home builders are up 30% since the end of Q3 topping a nearly 10.5% gain for the S&P 500...
Entire Article ...
Caxton Associates, SAC, Avenue Capital and Blackstone have been buying housing-related investments, betting on a rebound. And formerly bearish research firm Zelman & Associates now predicts a housing pickup, as does Goldman Sachs. Other investors seem to be making the same bet. Shares of home builders are up 30% since the end of Q3 topping a nearly 10.5% gain for the S&P 500...
Entire Article ...
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