Here comes the storm.
Barclays contends that expectations have run up ahead of themselves and even though demand remains robust, decelerating indicators (buyer traffic) shows limited upside.
The firm said a June survey indicated moderating buyer traffic trends.
Smaller builders are of particular interest because they're acquisition candidates in a fragmented market.
Mizuho's total-return model for stock recommendations is bad news for these homebuilders.
©1996-2017 TheStreet, Inc. All rights reserved.Action Alerts PLUS is a registered trademark of TheStreet, Inc.