The debate about the easing of a housing bubble continues.  But whether you are on the side that believes there is a bubble and it is going to burst or on the side that believes the market will continue on, now exchange traded funds gives you an opportunity to play both sides of the housing market. 

Home building ETFs recently entered the investment arena.  Last month PowerShares launched the Dynamic Building and Construction Portfolio ETF (PKB) and State Street Global Advisors is looking to launch another home building ETF next year.  These exchange traded funds offer an example of how an investor can use the short option or go long; depending on how they believe the market is moving.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.