Berkshire Hathaway Takes Another Huge Step into Real Estate
In the 1990s only about 20 percent of the top 10 major residential real estate brokerage brands were owned by public entities, by 2012 that number had exploded to 80.In this report T3 Sixty takes a deep dive into the consolidation of the brokerage industry and specifically the acquisitions of Berkshire Hathaway.
Pop Goes the Weasel: The Housing Bubble Tightens Its Grip
The economic downturn has hit the housing market hard, affecting all segments of the industry and resulting in a downward spiral of foreclosures, mortgage debt, and shortsales. While government, financial institutions, corporates, and lawmakers have begun intervening to jumpstart a recovery process, a solution is a long way off and agents and brokers need to be aware of the challenges and be able to navigate difficult situations to facilitate any future buying and selling processes.