Archive for July, 2007

The “Oracle” Real Estate Value Investor?

Posted on July 19th, 2007.

It is rumored that Warren Buffet, the “Oracle of Omaha,” may be shopping around for a home building company. Forbes and CNN Money are reporting that the “Oracle” may be eye-balling national homebuilder Hovnanian Enterprises. And why not? Buffet surely understands that now is the time to buy because the real estate [...]

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Don’t call it a “Housing Recession,” Call it an “Opportunity”

Posted on July 6th, 2007.

So mortgage rates are at historical lows, prices have nothing but downward pressure due to high inventories and languishing home sales and foreclosures are at all-time highs due to lenders making millions of wacky loans in the sub-prime market. Is anyone listening to the analysts that claim that now is not the time to [...]

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