Toll Brothers (TOL) reported improving earnings today thanks largely to fewer write-downs, and increasing deliveries.  The fact that both signed contracts and prices both went up for Toll brothers speaks quite well for the emerging strength in the housing sector.  I am not particularly interested in the homebuilder stocks due to their optimistic valuations, particularly when U.S. financials offer a more levered play on the mortgage and housing sectors, and trade at 50% on tangible book value.

http://online.wsj.com/article/SB10001424052702304840904577421861279158608.html?mod=WSJ_hp_LEFTWhatsNewsCollection

INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.