The “Oracle” Real Estate Value Investor?
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 market is undergoing a momentary de-valuation due to non-fundamental issues.
The question every real estate investor should ask themselves right now is, how do I invest? Do you wait to open your pocketbook until everyone is buzzing in an unprecedented bull market?
Buffet is worth $52 billion and has never waited for the buzz, or the bottom.
What are you waiting for?
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One Response to “The “Oracle” Real Estate Value Investor?”
josecordova2002
August 10th, 2007
******HOUSE BEING SOLD FOR NO PROFIT***********$95,000 IN EQUITY BUILT IN**************4/2.5 W/POOL/1 CAR GARAGE AND JACUZZI FOR $275,000 APPRAISED 1 WEEK AGO FOR $370,000 DEAL FELL APART BUYER’S CREDIT WAS NOT GOOD ENOUGH FOR THE MORTGAGE. CALL JOSE 954-529-4074. I PAID $275,000 2 YEARS AGO.