Tuesday, February 28, 2012
Warren Buffet on Housing
In an interview with CNBC, one of America's best known investors said if it were feasible, he would "buy up a couple hundred thousand homes." When combining today's low prices with low interest rates, buying a home provides an excellent way to build wealth.
Today, a single share of Berkshire Hathaway (Warren Buffet's investment company) stock costs over $119,000. Fortunately, you don't need to buy a share of Berkshire Hathaway to take advantage of Buffet's advice. If you have even moderate credit, you can buy a home for 3.5% down and interest rates near 4%.
If you're ready to start building your wealth, give me a call today!
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