Several weeks ago, I identified the homebuilding stocks as a possible leadership candidate out of several (see Suggestions for bulls and bears). For once, it seems that I was ahead of the curve instead of behind the curve in my market calls as Warren Buffett announced last week that Berkshire Hathaway was getting into the business of being realtors. This represents an enormous vote of confidence for the housing sector in America, as per this story from Bloomberg:
Warren Buffett’s Berkshire … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards