Tuesday, May 24, 2011

5 Reasons US home sales will continue to fall through 2012 – sound familiar?

We asked national real estate consultant, and acclaimed housing market prognosticator, Kirk Nace, for his take on this article and he simply responded with "We've been consistently sharing this, and similar information since late 2004. The US housing market WILL NOT bottom before the latter part of 2015 at the absolute earliest and today's prices will be higher than prices will be at any point for well over a decade. Our message isn't any more popular today than it was almost 7 years ago when we started sharing it, we recognize that Realtors, bankers, builders and sellers don't like the news. I guess the question is will you benefit more by shooting the messenger or by working with someone like us to uncover the opportunities that exist? By the way, there are more and larger opportunities in the US housing market today than ever before, if you know how to recognize them."

Click on the title above or the link below to review the entire Business Insider article.
http://www.businessinsider.com/hedge-fund-manager-alistair-lumsden-the-us-housing-crisis-is-not-ov-2011-5

Monday, May 9, 2011

The crash is getting worse???

Go back and re-read the older posts and you will see that for years now Kirk Nace has been sharing this exact information...

Click on the title above or the link below to review the entire Yahoo Finance article.
http://finance.yahoo.com/banking-budgeting/article/112698/housing-crash-getting-worse-marketwatch?mod=bb-budgeting

Negative equity???

Again, Kirk Nace has been sharing this with us for a long time...

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/42957613

Double Dip...

We've asked Kirk Nace his take on the Double Dip in the US Housing market and this is what he had to say "Duh, we've told you this was coming..."

Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/42904204