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Buffett’s (Berkshire’s) Real Estate Man Is Seeing Encouraging Signs of a Housing Recovery

November 19, 2012 | About:

Warren Buffett’s real estate man is of course Ron Peltier of Berkshire (NYSE:BRK.A)(NYSE:BRK.B) subsidiary Homeservices of America. Peltier makes the following observations:

- There is a very gradual recovery in housing.

- House prices are up this year five or six percent across most markets.

- Sales volume is up over 10%.

- There is still a long way to go to get to a full recovery.

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