This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Ways Albert Pujols Is Bad For Home Sellers

ST. LOUIS ( TheStreet) -- Albert Pujols is arguably the best player in baseball, but he's a lousy example for homeowners thinking about testing the market.

The nine-time all-star, three-time National League Most Valuable Player, two-time Golden Glove-winning St. Louis Cardinals first baseman has spent a decade getting very comfy in his team's No. 5. He leads all active players in batting average (.330), slugging (.622) and on-base percentage (.425) and his more than 400 home runs put him among the Top 50 long-ball hitters of all time. He's also at the end of an eight-year, $114 million contract, and he and the team blew through a Feb. 15 negotiation deadline. With the 2011 season under way, Pujols, the Cardinals and their fans are left to ponder where the most feared part of the team lineup and face of the franchise will be on Opening Day 2012.

But that can't possibly have any bearing on homeowners, right? A homeowner or family looking for a change of scenery surely wouldn't be tempted by the upcoming spring selling season and a 4.91% interest rate on a 30-year-fixed-rate mortgage, which Freddie Mac says is lower than rates during the absolute dead season of mid-February and could bring in post-recession buyers.

"If homeowners don't have to sell for some reason, most don't -- home is a place where they establish community ties, grow their families and build their futures," says Stephanie Stringer, spokeswoman for the National Association of Realtors. "The decision to own a home is much more than a financial consideration, although the long-term investment value is a part of it."

As Stringer and the Realtors have said before -- and their 2010 profile of home buyers and sellers make clear -- selling a home is a deeply personal choice, and there's more than one reason for doing so. While there are also several reasons for Pujols not to finish his career as a Cardinal, the following four scenarios are bad news for baseball and housing free agents alike:

1 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs