Warren Buffett’s real estate man is of course Ron Peltier of Berkshire (BRK.A)(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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