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Warren Buffett in talks to sell real estate brokerage to Compass
Warren Buffett's Berkshire Hathaway is in discussions to sell its real estate brokerage, HomeServices of America, to Compass Real Estate. While some view this as a negative signal for U.S. home prices, analysts suggest it may reflect a strategic shift towards real estate technology rather than a direct bet against the housing market. The sale comes amid rising interest rates, which are impacting both homebuyers and sellers.
warren buffett in talks to sell real estate brokerage to compass
Warren Buffett is in talks to sell Berkshire Hathaway's real estate brokerage, HomeServices of America, to Compass Real Estate, sparking debate on whether this move signals a bet against U.S. home prices. Analysts suggest the sale may reflect a shift towards real estate technology rather than a negative outlook on the housing market. Meanwhile, the Federal Reserve is expected to keep interest rates unchanged, impacting homebuyers and sellers amid a consolidating real estate sector.
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