Warren Buffett’s Berkshire invests $8.5 billion in American homebuilders: a big, bold bet for the return of housing in the United States
Moneywise and Yahoo Finance LLC may earn commissions or income through links in the content below. Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B) is making a big bet on the real estate sector’s recovery. The conglomerate agreed to acquire (1) homebuilder Taylor Morrison Home Corporation (NYSE:TMHC) in an all-cash deal valued at $8.5 billion, including debt, marking…