Wall Street Expects a Great Year for Homebuilders Again

The edge goes to the homebuilders in 2024 yet again as many publicly traded companies from Lennar, Toll Brothers, to KB Homes and others continue to outshine the benchmark S&P 500 Index almost performing twice as well. Wall Street analysts think this will continue into 2024 as Homebuilders create much needed supply in an environment where housing demand is increasing. I get into what’s going on and what it means going forward for real estate and housing market overall.