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Buffett: House ‘Attractive Investment’

What does Warren Buffett, one of the richest men on earth and one of the greatest investors ever say about buying homes? Yesterday on CNBC's program "Squawk Box" Mr. Buffet said that if it were practical he would buy a "couple hundred thousand of them." When asked about whether buyers should get into the market Buffett said, "If I knew where I wanted to live the next 5-10 years I would get a 30 year fixed mortgage and buy a home."

Cliffs Club & Hospitality Group Files for Bankruptcy

Cliffs Club & Hospitality Group Inc, subsidiary of CCHG Holdings, filed for bankruptcy protection on Tuesday.

Victoria a Drag on New Year New Home Sales

New home sales began 2012 on a weak note, a disappointing outcome given there was also a fall in December last year, said the Housing Industry Association, the voice of Australia’s residential building industry