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

Nov 19, 2012

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