In this February 27, 2012 interview on CNBC, Warren Buffett responds to the question: If he was a young individual investor with the option of buying his first home or investing in stocks, what would he do? He responds, “If I knew where I was going to want to live the next five or 10 years I would buy a home and I’d finance it with a 30-year mortgage, and it’s a terrific deal…”
His comments on real estate begin at the 5:13 minute mark in the interview below.
We agree, single-family homes are a great investment now. If you would like to discuss home ownership opportunities, please contact a Prudential Northwest Properties agent today or search for available homes on our website at www.prunw.com.