> Warren Buffett Blog: Howard Buffett son of Warren Buffett sells Omaha home

Monday, November 24, 2014

Howard Buffett son of Warren Buffett sells Omaha home

Howard Buffett recently sold his house at 121 S. 51st St, Omaha, Nebraska. for $320,000 and bought another in the Omaha area at what he said was a “secret location.”

At that price, his annual return would be about 0.7 percent per year, since he bought the house in 2004 for $300,000. The couple, whose main residence is in Decatur, Illinois, had the house up for sale in 2009 for $375,000, but it didn’t sell and they decided to keep it for their visits to Omaha.