It’s about time Warren Buffett caught a break.
The Oracle of Omaha finds his Farnam Street abode located in the heart of one of the hottest real estate markets in the country, according to new data compiled by VeroForecast.
The residential real estate forecaster predicts that home prices in the Big O will jump by 6.4% over the next year. Veros expects the biggest city in Nebraska to be the third-best-performing real estate market in the country over that time.
But the billionaire might have done even better if he set his roots down an hour southwest in Lincoln. The home of the University of Nebraska tops Veros’ list with an estimated 12-month appreciation of 7.2%.
Together, Lincoln and Omaha take the first and third spots on the list. Richmond, Virginia, which is No. 2 in the ranking, is the only non-Midwest metro in the top five. Indianapolis and Wichita, Kansas, are the others.