Investing in Real Estate (stocks)

April 14, 2008

Do I want to invest in Real Estate ? How do I do it? And how do I do it with diversification in mind?  wall street - real estate

One way to invest in Real Estate , now that the market has declined, is with stocks, or a basket of stocks in the US Stock markets.

Now , I am not a stock broker , or licensed expert and I don’t work for, or am compensated in any way by any of the companies listed herein.

A good friend of mine, who is a Senior Vice President at Merrill Lynch told me today that the home builder stocks have been down overall more than 50%, hitting their lowest level in some times around the 10th of March.

These home builder stocks (some are Phoenix, Scottsdale, Arizona based) have rebounded along with the recent interest rate cuts.

I like to follow the stocks below as one indicator of the housing market, new construction, inventory levels, homes sales, buyer traffic, etc..

Here are some of the names of publicly traded Homebuilder stocks and their New York Stock Exchange traded symbols.

Pulte Homes (PHM), KB Homes (KBH), Lennar (LEN) , Centex (CTX), Beazer (BZH), DR Horton (DHI), Toll Brothers (TOL)

Further, there are some Real Estate Market ‘Related’ stocks that are known to follow the builders as they provide necessary materials to the industry.

Home Depot (HD), Lowes (LOW), Stanley Tool Works (SWK) Masco Corp. (MAS) manufactures and installs home improvement and building products and USG Corporation (USG), manufacture and distribution of building materials and Owens Corning (OC), the largest maker of fiberglass insulation for the new construction, manufactures roofing , asphalt, vinyl siding, and stone

Again, these are not recommendation to invest. However, just some extra information available that can help you make or not make a real estate investment decision or track the growth and/or decline of the media’s favorite topic these days.

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Copyright © 2008 By James Wexler, All Rights Reserved. *Investing in Real Estate (stocks)*

Contact James Wexler (480) 221-8080 for all your Phoenix Scottsdale area Real Estate needs.

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