Well, almost. Yesterday he actually said in a CNBC interview that he would buy houses by the hand-full. So if you have been sitting on the fence, or if you know someone who has been waiting to know if the real estate market has hit bottom, send them to read the transcript or watch the video of the interview.
Buffett says that real estate is a better place to put money than other investments. "I would say the single-family homes are cheap now," says Buffett to Becky Quick. He goes on to say, "I had a way of buying a couple hundred thousand single-family homes, ..." he'd do it. If the Oracle of Omaha is saying this publicly, he's been saying it privately for awhile.
So if you or someone you know has been waiting for "THE Bottom" tell them it is here - and they may already be behind the curve.
Warren Buffet Says The Real Estate Market Has Bottomed!
The link to the interview transcript: http://www.cnbc.com/id/46541258
Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / firstname.lastname@example.org
508-274-5613 Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup Skype: heath.coker