Click to Enlarge Housing stocks aren’t all about lumber, hammers and nails. In fact, today’s best real estate play is more about mouse clicks.
Online real estate website Zillow (NASDAQ:Z) is taking advantage of the steady rebound in the housing sector, as more prospective homebuyers are looking to find out all kinds of information on homes such as prices, features, homes recently sold in a given area, and all kinds of demographic and other data about a given area.
This is the kind of information you once had to get from a realtor, but now it’s all online, and it’s even available via a smartphone app. Consumers also can find out about mortgage rates, and even get connected with mortgage lenders.
Like our other two small stars, Z shares have seen a big move higher in 2013. Year-to-date, the stock is up nearly 87% — proof that a lot of money is betting on ways to profit from unconventional housing sector plays.
As of this writing, Jim Woods did not hold a position in any of the aforementioned securities.