Don't Fret Higher Mortgage Rates
It is, however, potentially a key investor sentiment driver, looking forward.
Housing got a lot of negative attention when it was weak, and many feared the U.S. economy couldn't improve meaningfully after 2008 without a strong housing rebound. But now that it's in a legitimate and seemingly sustained rebound, it's not getting an equal amount of positive attention. Instead, many have characterized the rebound as illusory, describing markets with words like "frothy," rather than the real product of rising demand and tight supply.
This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV