RealMoney Pro contributor Chris Versace says he expects a rebound in the housing market in the coming months and he is bullish on homebuilder stocks despite the fact that most were down in the first quarter. He says these stocks have already bounced off their recent lows and the risk-to-reward ratio in playing them is improving. But homebuilder stocks aren't the only way to play the housing recovery. He advises investors to look at building product companies and real estate companies as well.

Christopher Versace writes the " PowerTrend Profits" newsletter and " ETF PowerTrader" trading service, which both use a thematic investing perspective that ties in economics, demographics, psychographics, technology and more. He's also the host of PowerTalk, a weekly podcast that features conversations with public and private management teams, as well as other thought leaders, for the benefit of both individual and institutional investors.

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