Warren Buffet released his Berkshire Hathaway annual shareholder letter today, which is widely read for signals on the broader economy. Here’s what he said about housing: “A housing recovery will probably begin within a year or so. In any event, it is certain to occur at some point.”
A bit open-ended. And CalculatedRisk noted that Buffett said same thing last year, and CR’s Bill McBride disagreed with it. Click link or picture to read more from McBride.