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Massively Misunderstood: The Mega-Trend That Makes This Homebuilder Stock Worth Buying

TheMotleyFool

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Massively Misunderstood: The Mega-Trend That Makes This Homebuilder Stock Worth Buying: https://g.foolcdn.com/editorial/images/710646/aerial-view-of-new-homes-under-construction.jpg

Housing is in a downturn. Sharp interest rate increases, following years of rising home prices, have brought things to a head, with buyers canceling orders and home sales falling sharply. In this video, Motley Fool contributor Jason Hall explains to colleague Travis Hoium why this is a normal part of the housing cycle, and why, down over 30%, Meritage Homes (NYSE: MTH) is worth a close look for stock buyers right now.

*Stock prices used were the morning prices of Nov. 21, 2022. The video was published on Nov. 27, 2022.

Source Fool.com

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