Recent Posts
Featured Posts

Homebuilders Are in For a Rough Ride


These are not good times for the home construction business. The housing market is in a slump, and homebuilder stocks are taking a beating.

The S&P Supercomposite Homebuilding Index is down 21 percent this year, on pace to make it the biggest annual drop since 2008.

Investors are increasingly worried. New home inventory is rising but getting increasingly expensive. Labor shortages, rising interest rates and higher commodities, such as those on imported steel and Canadian lumber, have made home building more expensive.

And those who are depending on Millennials to start buying houses en masse, think again. This generation is in no rush to buy, opting instead for rental units.

Another bad indicator: homebuilding permits. Permits dropped in August by the most in seven years, and multifamily permits fell for a fifth-consecutive month.

Hard times for hard hats indeed!

Read on HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

Follow Us
Search By Tags
Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • LinkedIn Social Icon

@ 2017 SpringView Investments, LLC    All Rights Reserved.    Brooklyn, NY 11210      Legal     Sitemap     Site by Serebrin Partners 

For more information:

917-209-4452