Posted 3/21/2024, 9:17:12 PM
Homebuilder Stocks in Focus as Spring Buying Season Nears, Mortgage Rates Creep Up
- UBS analysts have buy ratings on homebuilders KB Home (KBH) and Lennar (LEN) due to favorable outlooks
- DR Horton (DHI) is the largest homebuilder by volume at 10-11% market share
- DHI focuses on first-time entry-level buyers, a need-based segment driven by life events
- Mortgage rates are rising after a brief decline, ahead of the spring homebuying season
- Investors may want exposure to homebuilder stocks; click the article link for more expert insight