Housing Shortage, Mortgage Applications, And Home Improvement Stocks
b"We have a shortage of housing and people have huge amounts of home equity, says Chris Graja, Sr. Analyst at Argus Research. He explains that people see their home as an investment and want to fix it up. Mortgage applications are having a little slowdown, but homebuilder are seeing a huge backlog explains Kevin Green, Sr. Derivatives Manager at Charles Schwab. He discusses the chart of Home Depot (HD) and compares Home Depot to Lowe's (LOW)."