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Markets Likely to Shake Off Bad Housing Numbers Next Week

After U.S. housing starts saw their biggest drop in almost three years in January, likely weighed down by the harsh winter weather, another bad number is mostly likely in store.

Next week, housing will be in focus as data on housing starts & building permits as well as existing home sales will be released. After U.S. housing starts saw their biggest drop in almost three years in January, likely weighed down by the harsh winter weather, RealMoney Pro contributor Chris Versace says another bad number is mostly likely in store, but he expects markets to shake it off. Versace also details what lies ahead for homebuilders and building product stocks.

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

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