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Real Estate

The bullish approach to homebuilder stocks

Steve Eisman, who currently works for FrontPoint Partners, a subsidiary of Morgan Stanley, is especially bullish on the land-rich homebuilders as there’s not enough inventory to support demand and land prices will be heading higher, but the purest land play might be Forestar Group Related

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New-home sales fared well in March 

Market headwinds haven’t dampened demand as the annualized sales rate grew 8.8% from February

3d rendering of a row of luxury townhouses along a street

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