skinny.

Latest / Investopedia Markets News (all except PF)

Homebuilders Warn Affordability Headwinds Are Hitting the Housing Market. Berkshire Is Doubling Down on the Sector

Homebuilders are warning it’s becoming more difficult for many Americans to afford buying a home.Credit: Justin Sullivan / Getty ImagesKey TakeawaysBerkshire Hathaway has been growing its bet on the U.S. housing market, at a time when homebuilders are warning affordability headwinds could weigh on the sector’s outlook. The conglomerate recently raised its stake in Lennar, and acquired Taylor Morrison earlier this year. Some of America’s largest homebuilders are warning about headwinds to the U.S. housing market. That’s not stopping Berkshire Hathaway from boosting its bets on the sector.The…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.