Warren Buffett on Housing

Recently on CNBC, Warren Buffett stated that he would buy “millions” of single family homes if he had the means to manage them. The more interesting comment he made during his interview was that houses will be a better investment than stocks over the long term. A powerful comment coming from a person who built his business (and fortune) selling securities. Click Here to preview. Warren Buffet didn’t mention that banks lend money on real estate but not on stocks. Given today’s historically low interest rates, and property values well off their 2007 peaks, there may never be a better time to invest in real estate. Keep in mind that we are a full service Real Estate and Property Management firm. Our team is available help you in this whole process. Call now, 925-706-9000