Berkshire adds to housing exposure

Berkshire Hathaway's (BRK.A, BRK.B) HomeServices of America adds to its realtor stable, buying Prudential Fox & Roach with more than 4K brokers and 62 offices in Southeastern Pennsylvania, New Jersey, and Deleware.

Betting on a housing rebound, HomeServices has been busy on the acquisition trail the last two years, and is now the country's 2nd largest residential broker (Realogy Holdings is #1).

Included in the purchase is Trident Group - a mortgage and insurance broker.

From other sites
Comments (1)
  • Michael Bryant
    , contributor
    Comments (6939) | Send Message
    Load up on REITs, homebuilders, and SUPPLIERS.
    14 Aug 2013, 11:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs