Home Builders Trade Cheaply to Get a Buyer in Faster

Jay Parini: Home builders trade cheaply because investors are worried about the market. He says to think beyond traditional site built houses when it comes to affordability and focus instead on what are called manufactured homes. The main appeal of a manufactured home is price, he says; an entry level site built house costs $2,100 a month. Jay's favorites there are DR Horton ticker DHI, Maritage Homes MTH and Century Communities CCS.