How You Can Cash In on the Housing Market's Surprising Performance

If you folks have been following along, you'll know that I've recently started offering a free new service called Profit Pregame , where every morning Monday through Friday, I've been delivering an easy-to-digest rundown of the market, answering the three simple questions: What's happening? Where's the money? How can I get some? Today, I want to aim these three questions toward the housing market's unexpected comeback. I'll break down how you can profit from this sector's surprising stability... What's Happening? Despite the impact of coronavirus, Americans are still ready and willing to buy a new home or fix up their current one. To no one's surprise, the housing market experienced a sharp decline at the beginning of the pandemic... In fact, in April, pending home sales reached their lowest point in nearly two years. However, as restrictions begin to lift and more Americans go back to work, an influx of buyers and sellers are coming back to the market. And this rapid return is beginning to form what could be a "V-shaped" recovery. Over the past few weeks alone, purchases have been skyrocketing. And we're seeing 13% more than at this same time last year. Listed homes are also typically under contract within 30 days, which indicates that the market is moving fast. That leads us to where the money is here... The post How You Can Cash In on the Housing Market's Surprising Performance appeared first on Money Morning - We Make Investing Profitable . That leads us to where the money is here... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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