"A housing recovery will probably begin within a year or so. In any event, it is certain to occur at some point," Buffett wrote. While not mentioned in the letter, he's previously explained his rationale for an impending housing rebound: More than a million households are formed every year, yet current housing starts average less than half that amount. Demand is catching up with supply. Simple. Another housing story: "Home ownership makes sense for most Americans, particularly at today's lower prices and … (14 comments)
housing market: Take 60 Minutes...
- 11/27/10 12:37 PM
Take 60 Minutes... to watch NAR's Chief Economist, Lawrence Yun, talk about the housing market and what we should expect in months and years to come: http://www.narconferencelive.com/session/econ-issues-trends/ Thanks to the National Association of Realtorsfor providing this rebroadcast information from the NAR Conference and Expo! Meet the Speaker(s):Lawrence Yun, PhD
… (4 comments)
housing market: What Causes a Home's Value to Depreciation?
- 12/26/09 03:09 PM
Thanks for visiting my web site! Wow, that's a broad question... The value of a home can depreciate for several reasons, the most common, simply being the market in general. We have seen a significant amount of depreciation from 2005 until 2009, for instance. The condition of a property will also allow it to depreciate in value. If there is deferred maintenance and functional obsolescence, this too, can cause depreciation in value. If homes surrounding the subject property are deteriorating in condition & are not kept up, this will also affect the value and depreciation of the home. As far as … (4 comments)
What Warren Buffett has to say about Housing:
;)
;)
;)
