The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics around the investing world.

In a recent interview on CNBC, Berkshire Hathaway Chairman and CEO Warren Buffett noted improving signs in the residential housing market. Perhaps no one in the country has his finger on the pulse of housing more than Buffett. Berkshire Hathaway owns the largest homebuilder in the country and the second largest real estate brokerage firm. If Buffett is seeing positive signs in housing, are there opportunities for investors as well? Matt and Paul think so and share a few ideas on ways to play a possible inflection point in housing. Watch the following video to get the names and their insights.

Looking for some other great stock ideas? Check out what our chief investment officer likes so much that we've named it our Top Stock of 2012.