Monday, March 14, 2011

Well done piece on supply and demand in housing market.

We asked Kirk Nace, the man who for the past decade seems to have had a crystal clear crystal ball when it comes to the US Housing market. "This and similar articles seem to be finally touching on the tip of the iceberg. While it's more honest and accurate than anything we see coming out of NAR or DC it still paints an overly optimistic picture of demand returning and supply not continuing to grow drastically. Hopefully, we will see more of this type of reporting so that home owners don't continue to suffer with faulty expectations and can instead make decisions to end their bleeding."

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/42067825/