Berkshire Hathaway Becomes Fourth-Largest Homebuilder in the U.S.
Berkshire Hathaway has become America's fourth-largest homebuilder after acquiring Taylor Morrison for $6.8 billion and merging it with its existing Clayton Properties Group, which together delivered nearly 23,000 homes across multiple states in 2025. The move expands Berkshire’s presence in the struggling U.S. housing market, where high mortgage rates have made home purchases difficult for many Americans. Berkshire also owns a significant stake of about 11% (worth $2.2 billion) in Lennar and smaller stakes in other major homebuilders like NVR and D.R. Horton. CEO Greg Abel emphasized the company's long-term commitment to the housing sector despite ongoing challenges, including a national shortage of homes estimated between 3.7 million and 10 million units. The recent acquisition aligns with Berkshire’s strategy of investing in undervalued assets during downturns. While Congress has taken steps like passing the 21st Century ROAD to Housing Act to address housing shortages, many analysts believe it will not significantly alleviate the problem.
Topics: Berkshire Hathaway Clayton Properties Group Homebuilding Industry Taylor Morrison