Everybody's hesitant about buying a house right now. High prices, high rates. So why did Warren Buffett's company just buy almost 10% of Lennar, one of the biggest homebuilders in America?
And it's not a one-off. Berkshire bought Taylor Morrison outright this summer, owns a piece of D.R. Horton, and has owned Clayton Homes for years. That's billions on housing from some of the most patient money in the world.
I'm not telling you to buy the stock. But if a company that size is betting that heavy on housing while everybody else is scared of it, maybe buying a home for yourself isn't as scary as the headlines make it sound.
Want to run your numbers and see where you stand? 817-689-6079 · mikemillstx.com
Mike Mills, Branch Manager, NMLS #756263. GVC Mortgage, NMLS #2334. Texas.
Educational only. Not investment advice.
#housingmarket #realestate #texasrealestate
