Warren Buffett: Homes for Sale Best Asset Class Now
We are big fans of CNBC’s Squawk Box. We love that Joe Kernen lives in Short Hills and Jim Cramer lives in Summit. We root for our home town team.
But what really gets our attention is when Warren Buffett guest hosts. And especially when the Oracle of Omaha speaks about housing. Well, last week he appeared on Squawk, and said it’s time to buy real estate, specifically single family homes – more so than stocks or any other asset class. We provide an excerpt from the interview with Becky Quick below. Hope you find it as insightful as we did.
Interestingly, we are seeing his prediction show up in our local numbers, where sales activity – and prices – are starting the year strongly. Sometimes Robins begin to appear before spring…
About Cara Moxley
