Warren Buffett’s Successor at Berkshire Hathaway Places Another Big Bet on Housing

Berkshire Hathaway, the major holding company previously championed by Warren Buffett, has made its third major investment in the U.S. homebuilding sector this year.The company increased its stake in Lennar, America’s second largest homebuilder, by 94% in the third quarter, according to an SEC filing from last week. With this addition, Berkshire’s holdings of Lennar have jumped more than threefold since the beginning of 2026, housing analytics research firm ResiClub found.Buffett’s successor, Greg Abel, has called the move a long-term investment in the homebuilding industry. The Lennar investment is just the latest of several bets Abel has made on U.S. homebuilders since taking over the CEO position from Buffett in January. On May 31, Berkshire announced it was acquiring America’s sixth-largest homebuilder, Taylor Morrison. The deal will make Berkshire the country’s forth-largest site-built homebuilder, as it already owns Clayton Properties, America’s 12th-largest homebuilder, according to ResiClub.In July, Mungo Homes, which is part of Clayton Properties, announced it was acquiring America’s 65th largest homebuilder, McGuinn Homes out of South Carolina.Abel’s investment into Ameri...