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Single family homes on the market. Updated weekly.Powered by Altos Research
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30-Yr. Fixed Conforming. Updated hourly during market hours.
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Buffet: Housing market has a ways to go

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.

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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