DHI or LEN: Which Housing Bigwig Has More Potential in 2024?

In 2023, stocks of homebuilders experienced a significant surge, and this upward momentum is anticipated to persist throughout 2024, despite apprehensions regarding elevated mortgage rates and affordability challenges. Homebuilding companies have consistently revealed impressive quarterly results, expressing optimism about the growth of new orders and deliveries in the upcoming quarters.In fact, the Federal Reserve's decision to maintain interest rates at a 22-year high of 5.25-5.5% brings optimism to the h ...