December 19, 2012
Pulte Group has come out with a statement saying that there is a renewed sense of optimism in housing, and that homebuyers, regardless of their stage of life, still want and need larger homes. In this video, Motley Fool analyst Matt Koppenheffer discusses the implications of this trend. Is the desire for more space an indication that consumers own more things, and are therefore spending more again? Is this further evidence of a housing market on the road to recovery? And what does this mean for the banks, which stand to profit from more mortgage loans?
To learn more about the most-talked-about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.