3 Stocks to Sell (or Short) Before the Housing Market Cracks
Opendoor(OPEN) Investor Place·2024-06-12 11:30
Multiple signs are indicating that the U.S. economy's "higher for longer" interest rates are starting to take a greater toll on the country's housing market. First, last month the number of homes for sale whose prices were reduced came in at nearly 278,000, according to the Federal Reserve. Such a development would weigh on the demand for many goods, ranging from appliances to homeimprovement products to some raw materials. Here are three stocks for investors to sell and/or short amid the U.S. housing marke ...