Please hurry and read this article series about Berkshire and its leaders while its still online. In this Motley Fool article series, Mr. Buffet has been commenting various matters, but his comments on real estate are especially enlightening. Some ideas:

Real estate values can swing enormously.

Right now they are seeing their residential brokerage business in slowdown all over, most dramatically in the hottest markets.

If people are buying housing for use, market is not swinging much, but when people are buying real estate as an investment, then valuations tend to swing.

High-end residential real estate has bigger valuation bubble than low-end residential real estate.

2004 fewer than 9000 condos were for sale and there were around 2900 transactions per month. Now, there are 30000 condos for sale and less than 2000 transactions per month.

Has anyone ever heard of the theory of supply and demand? When Mr. Buffet is having this kind of thoughts market situation is getting really serious. Maybe it is time for Cinderella move and leaving the real estate dance floor with grace.

The Craft of Modular Post & Beam: Building Log & Timber Homes Affordably is the name of the book. Could the title be any longer? Thank you for Amazon UK for managing such a speedy delivery.

FIRST IMPRESSIONS

Illustrations are clear and simple, which is good for educational book like this. Just like me to check pictures first, I just love comics!

Everything gets covered starting from materials, so this is a good handbook for person needing the overall idea on how to build post & beam log home.

On the negative side, book lacks depth on some areas. Luckily topics, which are interesting for builder are included and dealt with in detail. I suppose this book is must read on log building courses that author holds.

Thank God it’s technical and not general picture resource book.

Good glossary and index, both are something that I especially appreciate, because this book is my first real step into English term in the area of log homes and log cabins.

I am certain that this book will make my favorite past time activity for coming weeks. I plan to write a complete review as soon as I feel comfortable with its content. As an example, there is a section in the book that tells you how to build a spiral log staircase into your log home. How cool is it that this book tells you how to use log to make everything imaginable… Ok, ok, get rid of that image of wooden fireplace, you are burning the house down.