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“Houses Are Even Better Than Stocks”
“I’d buy up ‘Millions’ of Single-Family Homes If I Could” – Warren Buffett, Monday morning 2/27/2012.
Check out the video from CNBC. It’s a 22 minute clip, so if you’re interested in the blurb about the housing market, fast forward to the 5-minute mark.
Warren Buffett says along with equities, single-family homes are a very attractive investment right now.
Appearing live on CNBC’s Squawk Box, Buffett tells Becky Quick he’d buy up “millions” of single family homes if it were practical to do so.
If held for a long period of time and purchased at low rates, Buffett says houses are even better than stocks. He advises buyers to take out a 30-year mortgage and refinance if rates go down.
The whole CNBC article can be found here.
What can you take away from his advice? Well, I think it is pretty straightforward.
It’s time to take advantage of these 3 current market fundamentals:
- the crushed real-estate market
- the crushed interest rates
- the crushed sentiment of buyers.
In my opinion, however, we’re already coming off the bottom floor of real estate prices. So there’s no real reason for any further delay!
If you want to take advantage of this ‘Perfect Storm’ of home buying,
contact me today to discuss your options and best strategy (click here!).
Little toes. Little feet.
Rarely Available REO Townhouse in Union City Near BART

Rarely Available Tri-Level townhouse at the Pacific Terrace Development. It’s right across from the BART station in Union City. This property is listed as a Bank-Owned REO.
Address: 35117 11th Street
City: Union City
State: CA
ZIP: 94587
Square Feet: 1,675
Bedrooms: 3
Bathrooms: 2.5
Garage: 2


