Yet, as students of securities markets know, change in trend and velocity of growth matter to stock movement, so investors in the shares of home builders like Toll Brothers (NYSE: TOL) should also find the opportunity I see for hard real estate. That said, as far as the home builders go, I still believe nimble trading and selective stock investment are appropriate. In other words, stock performance may vary from builder to builder, especially around earnings season when reality is compared against hope. Still, generally, I also see rise for the industry's shares in 2011, barring catastrophic U.S. government failure to pass debt ceiling legislation in time. It should be understood that new construction may lag existing home sales growth, given the constraints that are now well-embedded in the marketplace (tight lending, distressed property inventory).