Rising rates bad news for builders | Armonk Real Estate
The most well known home builders are now trading at valuations that fully account for the recent rebound in the housing market. These stocks are vulnerable to a significant decline as mortgage rates pressure the industry. The Motley Fool recommends locking in any gains in the sector today, and selling these stocks before they sustain further declines.
Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.