Home Builders Skyrocket As Sentiment Grows Markedly Less Depressed

(Exert from the Wall Street Journal online on Jan 18, 2012.  Written by Mark Gangloff) Well, it only took about 7 years, but home builders seem to be once again on the upswing. The NAHB this morning said its index of home builder sentiment jumped 4 points to 25, which is still extremely low — 50 is considered breakeven, and the index topped out above 70 back in the good old bubble days. But that is the highest sentiment reading since June 2007.