GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

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

November 19, 2012 | About:
Canadian Value

CanadianValue

211 followers
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.







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.7/5 (3 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK