Like a warning sign in stocks, the high-volatility areas are in trouble first - i.e. Florida. Outside this report, he also said housing-lender financial statements are showing new cracks in consumers' ability to make payments. http://van-housing.blogspot.com/2006/05/warren-buffett-housing-bad.html
Banner headline in my local paper, this weekend, said housing has peaked. Anyone seeing other evidence in their areas?