#USHousingStocks have reported decent earnings, but stocks were not rising due prospects of higher rates – 3% !! this is still historically a low 10 year rate. $SPF FV=8.75 so take profit here around $9 if you got in around the 7.50 when last tweeted. $MDC – FV=45, tp = 37, so still has more to go. Now tapering out the way, the recent rally has seen the sector discount go to 0.
Average 5Y Implied Growth for the Sector 15%