It seems there’s more to that caution than just a chilly winter. Homebuilders are having trouble finding buildable lots and skilled workers. Many have tempered their sales expectations for the next six months.
Investors, take notice.
The housing market isn’t firing on all cylinders. Any investments at the moment should be made with care. Although there are better industries to be investing at the moment — banking and casinos are two names that come to mind — these three homebuilders are worth serious consideration.