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.
Ronald is very bullish on housing.
Khrom Capital was up 32.5% gross and 24.5% net for the first quarter, outperforming the Russell 2000's 21.2% gain and the S&P 500's 6.2% increase. The fund has an annualized return of 21.6% gross and 16.5% net since inception. The total gross return since inception is 1,194%. Q1 2021 hedge fund letters, conferences and more Read More
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