CEO of HomeServices of America (Berkshire Subsidiary) is Very Bullish on Housing

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Housing has been under a lot of stress but there are some emerging signs of optimism, says Ronald Peltier, HomeServices of America CEO. Home Services of America is a subsidiary of Warren Buffett’s Berkshire Hathaway.

Highlights:

Ronald is very bullish on housing.

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Sees signs of stabilizing even in places like Miami.

Foreclosure issue is still a big issue.

10m people with negative equity cannot sell or refinance

If these people could refinance somehow it would be a huge help.

H/T Canadian Value Investing

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