Wednesday, February 16, 2011

4th quarter 2010 shows largest housing value drop in 2+ years!

The rate at which prices are further correcting is again accelerating. We asked Kirk Nace for his take "The longer the government tinkers with, and tries to apply band aids to, the housing market, the more total pain it will endure and the longer it will take to reach a bottom from which healing can begin."

Click on the title above or the link below to review the entire Housingwire article.
http://www.housingwire.com/2011/02/09/u-s-home-values-post-largest-quarterly-decline-in-2-years