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Wednesday, December 31, 2014

Housing Market In 2015 May Show Two Different Faces



Investors.com http://ift.tt/1tnWE6l Attracting first-time homebuyers might seem like courting a herd of underfed cats. Squeezed by tight credit, student debt and low wages, they're still the missing link to a robust housing recovery. But not for LGI Homes (LGIH), a small homebuilder based near Houston. It sends 12,000 pieces of direct mail "every single week" to renters in complexes within 25 miles of one of its active communities, says CEO Eric Lipar. With homes selling for under


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