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Optimism Builds For Home Builders

This image provided by Tri Pointe Homes shows CEO Doug Bauer. By almost any measure, the U.S. housing market has yet to emerge from a more than year-long slump, with sales of previously occupied U.S. homes down 28% in the first quarter from a year earlier, and sales of new homes down 16%. Doug Bauer is CEO of Nevada-based Tri Pointe Homes, which builds homes in California, Arizona, Texas and seven other states. Tri Pointe Homes via AP

LOS ANGELES — By almost any measure, the U.S. housing market has yet to emerge from a more than year-long slump. Through the first three…

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