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Wall Street Fundamentals Releases New In-Depth Stock Reports on BZH, DHI, HOV and SPF

U.S. home prices posted a gain of 13.4 percent in 2013, its largest annual gain since 2005, according to the Case-Shiller home price index. All 20 cities tracked by the index posted gains in 2013, led by Las Vegas (25.5 percent) and San Francisco (22.6 percent). "However, gains are slowing from month-to-month and the strongest part of the recovery in home values may be over," said David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices. Prices in December declined 0.1 percent from the previous month, marking the second consecutive month of declines. Here is how some homebuilders reacted Tuesday:

Beazer Homes USA, Inc. (NYSE:BZH - News) shares traded in the range of $21.73 to $22.36 Tuesday before settling to close at $22.30, an increase of 1.59 percent. The stock appears to be facing some resistance at the $22.30 and $23.67 levels with some support at $21.62 and $20.89. Shares of Beazer Homes have fallen approximately 8.0 percent year-to-date.

More information on Beazer Homes and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BZH

D.R. Horton, Inc. (NYSE:DHI - News) shares traded in the range of $23.50 to $24.24 Tuesday before settling to close at $24.14, an increase of 1.81 percent. The stock appears to be facing some resistance at $24.59 with some support at the $23.86 and $23.33 levels. Shares of D.R. Horton have gained approximately 8.0 percent year-to-date.

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More information on D.R. Horton and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DHI

Hovnanian Enterprises, Inc. (NYSE:HOV - News) shares traded in the range of $5.70 to $5.84 Tuesday before settling to close at $5.83, an increase of 1.57 percent. The stock appears to be facing some resistance at the $5.94 and $6.05 levels with some support at $5.81 and $5.72. Shares of Hovnanian Enterprises have fallen approximately 12.0 percent year-to-date.

More information on Hovnanian Enterprises and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HOV

Standard Pacific Corp. (NYSE:SPF - News) shares traded in the range of $8.45 to $8.69 Tuesday before settling to close at $8.63, an increase of 1.05 percent. The stock appears to be facing some resistance at the $8.85 and $9.05 levels with some support at $8.56 and $8.35. Shares of Standard Pacific have fallen approximately 5.0 percent year-to-date.

More information on Standard Pacific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SPF

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com