Financial services company Raymond James has upgraded some of the nation’s largest home builders to outperform from market perform, which essentially tells investors to buy shares of the company.
San Jose, Calif., Toledo, Ohio, and Athens, Ga., are among the 41 U.S. housing markets to make the NAHB/First America Improving Markets Index (IMI) in December. The IMI tracks markets that have shown improvement for at least six months in housing permits