Tuesday, February 22, 2011

Home prices still falling...

Case Shiller co creator sees prices going down substantially, yeah but what does he know? Folks, you've been hearing it all along and I just spoke with Kirk Nace again today regarding the future of the US housing market he once again repeated, in somewhat of an annoyed tone "Prices have at least another 25-30% to drop nationally from where they are today, the sooner the government gets out of the housing market the faster it will happen and the faster a true bottom will be reached, I feel like an echo saying the same things over and over again."

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/41715299