Ex-NFL star sentenced to five years in prison for mortgage fraud

Ex-NFL star sentenced to five years in prison for mortgage fraud

Irving Fryar and his mother convicted of conspiring to steal $1.2M

Experian hacked: 15 million people’s credit data stolen in breach

Credit reporting agency becomes latest victim of data breach

Here's what today's job creation implosion means for housing and mortgage finance

Jobs crater, labor participation rate near 40-year low and zero wage growth
Servicing / The Ticker

Buffet: Housing market has a ways to go

better days ahead

Warren Buffet, chairman and CEO of Berkshire Hathaway Inc., said the housing market has made progress, but still has a ways to go. Per Bloomberg:

"It’s coming back," Buffett, said. "Pricing is better in almost all markets by a reasonable percentage from a few years ago. Housing starts are up somewhat. They still are not where I would regard as an equilibrium point, where they match household formation.”

Buffett has been predicting a real estate revival for years and positioning his company to benefit from it. He said in early 2010 that the turnaround would probably begin “within a year or so.” While that call proved wrong, he has since reiterated that the industry would rebound because of increasing population and limited supply.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus