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U.S. Housing Market Recovery Continues as Prices in November Post Largest Gains in 6 and 1/2 Years Five Star Equities Provides Stock Research on Beazer Homes and D.R. Horton


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© Marketwire 2013
2013-01-31 14:26:34 -

NEW YORK, NY -- (Marketwire) -- 01/31/13 -- U.S. homebuilders prospered in 2012 as rising prices and shrinking inventories provided ample opportunities for growth within the industry. The SPDR S&P Homebuilders ETF (XHB) has gained over 50 percent in the past year. Five Star Equities examines the outlook for companies in the Residential Construction Industry and provides equity research on Beazer Homes USA, Inc. (NYSE: BZH) and D.R. Horton, Inc. (NYSE: DHI).



Access to the full company reports can be found at:



www.FiveStarEquities.com/BZH : ctt.marketwire.com/?release=980424&id=2552407&type=1& ..





www.FiveStarEquities.com/DHI : ctt.marketwire.com/?release=980424&id=2552410&type=1& ..



CoreLogic recently reported U.S. home prices in November gained 7.4 percent year-over-year, the largest gain on 6.5 years. Rising prices is seen as a key factor in the U.S. housing market's recovery, and CoreLogic forecasts prices to continue to rise in 2013 by 6 percent.



"We have very low mortgage rates. We have good affordable house prices. And they seem to be rebounding, so that fear of buying a home and seeing it fall in value has disappeared. And we have a lot of pent-up demand," says David Crowe, chief economist with the National Association of Homebuilders. "We have people who have been waiting for two or three or more years to see those market conditions improve, and now they're taking advantage of that."



Five Star Equities releases regular market updates on the Residential Construction Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com : ctt.marketwire.com/?release=980424&id=2552413&type=1& .. and get exclusive access to our numerous stock reports and industry newsletters.



Beazer Homes USA, headquartered in Atlanta, Georgia, is one of the ten largest single-family homebuilders in the United States. The company reported revenues of $246.9 million in the fiscal first quarter, compared to revenues of $188.55 million a year prior. Shares of Beazer Homes are up nearly 20 percent in the past year.



D.R. Horton, Inc., America's Builder, is the largest homebuilder in the United States, based on its 18,890 homes closed during its fiscal year ended September 30, 2012. The company reported a net income of $66.3 million for the fiscal first quarter, an increase of 139 percent when compared to a year ago. Shares of D.R. Horton have soared over 65 percent in the past year.



Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:



www.FiveStarEquities.com/disclaimer : ctt.marketwire.com/?release=980424&id=2552416&type=1& ..



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