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April 9, 2012

Warren Buffett buys local real estate firm

By JOURNAL STAFF

SEATTLE — HomeServices of America, Inc., a Berkshire Hathaway affiliate, announced it acquired Seattle-based Prudential Northwest Realty Associates.

The move underscores Berkshire CEO Warren Buffett's belief that the housing market will rebound. Earlier this year, he said he'd buy millions of houses if it were possible.


 
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