But if you expect it to be a drawn out recovery I’d look at the ‘lean and nimble names’ such as KB Home (KBH), MDC Holdings (MDC) and Ryland (RYL).

First, I never liked the homebuilders. What's happening out there, the massive sales of existing and foreclosed homes, will keep a lid on prices, and you need rising prices and dramatically lower inventory to make a compelling case for KB Home (KBH) or Pulte (PHM) or D.R. Horton (DHI) or especially Hovnanian (HOV).

Aug. 11 blog post: "First, I never liked the homebuilders. What's happening out there, the massive sales of existing and foreclosed homes, will keep a lid on prices, and you need rising prices and dramatically lower inventory to make a compelling case for KB Home (KBH) or Pulte (PHM) or D.R. Horton (DHI) or especially Hovnanian (HOV)."

KB Home (KBH) “looks really great,” and “we’re seeing a turn in Lennar (LEN).”

"This is not a clarion call to buy Toll Brothers or Lennar (LEN) or KB Home (KBH). It is a clarion call to buy JPMorgan Chase (JPM) and Bank of America (BAC) and Wells Fargo (WFC). The latter may have to do a deal; the former two have done them. (I would buy JPMorgan Chase on the broken print, which I don't think will last.)" ("Pending Home Sales Data Signal a Bottom," 6-2-09)

Pulte Points to Positives: Jason Weisberg of Seaport Securities tells TSC's Debra Borchardt that the Pulte deal is another positive step toward putting in a bottom in this market. Click here to watch the video.

Cramer said he doesn't think homebuilder KB Home(KBH) is in a vacuum. "That KB Homes quarter was a think of beauty," he said. "Sorry, bears."

There is a nice housing starts number this morning, the strongest jump since 1990, which was forecasted by a small bump in the stocks of Lennar (LEN), Toll Brothers (TOL) and KB Homes (KBH). Huge increase in multifamily units.

Cramer: Skip Homebuilders: Jim Cramer says the homebuilders have become zombies, and their stocks shouldn't be owned. Click here to watch the video.

Cramer: Trading Housing's Bottom: While housing is predicted to bottom this summer, stay away from homebuilders, says Cramer.
Click here to watch the video.

Value

homebuilder - shorter's dream

because jim cramer thinks that the whole sector is bottoming out

US Housing slump/sub-prime mess...All US homebuilders

nigger builder

I'm in south florida. These guys will fall apart eventually.

Homebuilder.

over extended. Real estate and financial stock over all I want to avoid

no where to go

housing turnaround