Home buyers should see reduced competition for houses, notes Orphe Divounguy. He and Brad Hunter discuss the housing sector highlighting stocks LEN, DHI, and TOL. Divounguy talks about how there is a distinct lack of new inventory and sellers are not willing to give up low mortgage rates. They then go over how higher rates impact home purchases, as well as supply and demand trends in the housing market. Tune in to find out more about the stock market today.
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