Berkshire's Holdings House Real Estate Recovery Clues

According to Warren Buffett, the housing market is coming back. The market was hit twice during the recession by subprime loans and mortgage backed securities, as well as lower numbers of people searching for homes to buy. Young adults, traditionally looking to buy their first homes, have been delayed in recent years by lower job prospects and being forced to move back home.

Buffett's involvement in real estate recently has made him well aware of how the market is moving.

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POSTED October 25 2013 11:21 AM

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