Hombuilder IPO Window Closed for Now
After eight homebuilder IPOs in 2013 and the beginning of 2014, there seems to be no appetite for new stock issuances as a result of a generally slow 2014 in the housing market and the housing recovery seemingly left in a holding pattern. Thus, for now, private builders hoping to tap the public equity markets are left waiting in the wings for the next window of opportunity to appear.