When Warren Buffett declared that housing was on the rebound last summer, he immediately put his money where his mouth is. His company, Berkshire Hathaway (NYSE: BRK-A )   (NYSE: BRK-B )  partnered with Brookfield Asset Management  (NYSE: BAM)  to create HomeServices of America last fall, which has been busily scooping up real estate brokerages — and recently revealed its new logo as the rebranded Berkshire Hathaway HomeServices.

Gobbling up brokerages left and right The new entity is gearing up to be a national, full-service real estate company and has incorporated its formerly separate Prudential Real Estate and Real Living brands under the new umbrella. The complete unveiling of the new company will continue throughout this year.

Meanwhile, BHHS has been acquiring other real estate companies to extend its reach, adding to purchases it had made early last year of Prudential realty brokerages in Oregon and Georgia. So far this year, it has purchased a large brokerage in California, Guarantee Real Estate, based in Fresno, as well as Prudential Gaslight Realtors near Kansas City, Missouri, in January. The Guarantee acquisition added 400 agents to its base of 53,000, and the purchase of Prudential Georgia Realty in March added another 1,000 salespersons to the company’s roster.

Other housing bets Despite admitting being “dead wrong” about a quick turnaround in housing, Buffett knows that the sector won’t stay in the dumps forever. Berkshire’s portfolio holds other housing investments, such as Benjamin Moore paints, Shaw Carpet, and Acme Brick. Clayton Homes, a manufactured home company owned by Berkshire, saw production jump 13.5% last year over the previous year’s output.

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