New home sales may have fallen between November and December 2012, but Fool.com financial analyst Matt Koppenheffer takes a step back to look at the bigger picture, which reveals that many housing-market indicators are actually pointing toward improvement. In addition, with big money from companies like Blackstone (BX +0.00%) and Silver Bay Realty (NYSE: SBY) chasing returns in the single-family housing market, there may still be opportunity in that corner. Thus far, the housing market hasn't contributed much to the economy's recovery, but that could be changing. Check out the video below for Matt's full commentary on the subject.
Despite underwhelming new-home sales figures, many housing-market indicators are actually pointing towards improvement.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.