Warren Buffet believes the housing market downturn will end in 2011. In his annual letter to shareholders he wrote,
Prices will remain far below ‘bubble’ levels, of course, but for every seller or lender hurt by this there will be a buyer who benefits. Indeed, many families that couldn’t afford to buy an appropriate home a few years ago now find it well within their means.
Don Grafues
Resource: REALTOR.org
Resource: REALTOR.org