Happy Halloween! As the nation tries to figure out how to social distance this Halloween, we wanted to take a look at homeownership as we lead into next week's historic election. There’s one part of the economy that is growing. Our nation’s GDP just endured a brutal second quarter. It declined at an annualized rate of over 32%. And despite the rosiest outlooks, the “V-shaped” recovery isn’t happening for every sector. But it is happening in one important sector. The home buying market is through the roof. In September, the Housing Market Index (HMI), a key sector indicator, posted a preliminary rating of 83. Not only is that the highest rating in history, but it also marks the fifth consecutive month the HMI has increased. Simply put, the pandemic has been a greater catalyst than low mortgage rates could have ever been. For some young homebuyers, the pandemic is stirring a desire to flee their urban apartments for less densely populated and more secure, locales. Other homeowners realize that the home of their dreams didn’t account for the fact that it might need to accommodate multiple home offices as well as classrooms. Still, others are trying to move closer to family. Simply put, Americans are looking for new digs. And that is good news for investors who are looking for stocks that can deliver capital growth during this volatile time. There are many ways for investors to profit from this housing boom. Homebuilder stocks are a logical choice. But other companies will benefit from the rise in homeownership. To help you capitalize on this red hot sector, we’ve put together this special presentation. View the “7 Stocks to Buy For the Current Housing Boom”
Matthew Paulson
MarketBeat.com | 
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