By MSN Money Partner May 7, 2013 9:37AM
We are in a recovery... gaining ground...
not in a boom,
and certainly not in a bubble.
Reports on new housing starts topping 1 million in March for the first time since 2008, as well as the latest figures on existing home sales and home prices, are encouraging. The housing market is in the midst of a recovery.
Now the market is finally improving.
As Blaine explains, even though both new housing starts and existing home sales show that the rebound is gaining traction, we're still just beginning to recover.
However, because we're still in the early stage and the market isn't booming yet, this is the time to go house-hunting.
And for investments? Blaine recommends looking at housing and housing-related stocks such as Home Depot (HD +0.10%) and La-Z-Boy (LZB +1.33%), as well as homebuilders' ETFs. But he also warns investors there's a bit of a sell-off right now.
http://money.msn.com/top-stocks/post.aspx?post=47339fe0-1a5b-4a5b-93bd-6edb66052671
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