Value Investing News

Looking back to the beginning of the current recession, there were two things that initially put the brakes on the economy: 1.) the sub-prime melt-down and 2.) virtual halt of residential construction. Has housing finally hit bottom?

Last week was pretty weak in terms of major dividend cuts. The one notable sector where many high yield stocks were located, the tankers, keeps the wires busy with negative dividend news.

We saw here that there are home builders trading at huge discounts to their book values. Could some of these offer a chance to buy land at a big discount?

"Is NVR a baby being thrown out with the bathwater?"

A Reuters article on the homebuilders. "There is still plenty of downside risk in housing but it may be time to start looking beyond the current slump."