Homebuilder stocks are in a sweet spot, and they're getting cheaper as earnings and sales estimates rise – MarketWatch

Homebuilders in the U.S. are entering what may be the best of times. Demand is strong, and mortgage rates are near record lows. And their stocks are trading at low valuations to expected earnings — they even got cheaper over the past three weeks.
On April 13, we looked at U.S. homebuilders and related stocks, and pointed out how low price-to-earnings ratios were and how high growth estimates for the group were. In this update, we’re looking only at the homebuilders, and remarkable re