OMAHA, Neb. (AP) — Warren Buffett's company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton's stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp.

OMAHA — Pat O’Donnell says he’s all for development, especially in his childhood stomping grounds where walking, biking and newer housing is replacing shady activity that once was the norm.

The Omaha native loves watching seats fill up in the trendy new corner coffee shop, The Mill at 31st and Leavenworth Streets, and welcomes other commercial enterprises reviving the corridor southwest of downtown Omaha.

OMAHA — In a $17 million renovation project years in the making, two historic structures, one built over 130 years ago, are ready to provide affordable housing in one of Omaha’s oldest and evolving neighborhoods.

Between the Georgia Row Apartments and adjacent Hanscom Apartments, 75 homes, including family-size dwellings, will be available to renters whose income falls within federal eligibility limits.