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Warren Buffett Just Made Another Huge Bet On The U.S. Housing Market

Posted by Breckenridge Associates Real Estate on Monday, November 12th, 2012 at 3:09pm.

This past spring, we reported on a bet the legendary investor, Warren Buffett, made on the U.S. Housing Market. In the article, Buffett stated he would buy up a million homes if possible. He voiced his confidence in housing coming back and addressed positive shifts in real estate.

Now, continuing to show his faith in the US Housing Market, Buffett has been buying up real estate brokerages around the country. Along with partner Brookfield Asset Management, Berkshire Hathaway HomeServices is a new franchise brand in residential real estate. A press release says the brokerages that will make up the new company did a combined $72 billion in sales in 2011.  

Buffett has been public about his bullish housing call for a while as he's built his residential real-estate brokerage business, but this is a big addition.

Read the full Business Insider article here.

Now is the time to buy real estate! Are you interested in learning more about real estate opportunities in Breckenridge, Summit and Park Counties? Contact us today and let us help make your dream home a reality.

Please contact your Broker at Breckenridge Associates Real Estate to learn more about the incredible opportunities available today in Breckenridge and Summit County, Colorado. 800.774.7970 or 970.453.2200. Click here for the latest news about Breckenridge Real Estate.


Source: BusinessInsider.com, October 31, 2012

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