When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Since our January 2019 article selecting Legacy Housing (LEGH) as our pick of the year, shareholders have enjoyed a 6% increase in the stock price. We continue to be bullish on LEGH for several key reasons: falling mortgage rates, labor shortages in construction, increasing demand for affordable housing, and proven growth.
Declining Mortgage Rates and Lack of Affordable Housing Supply
Mortgage rates have declined steadily since the last part of April, and we believe this will lead to increasing home price appreciation. In fact, the median price of a home rose 3.6 percent