We couldn't resist asking Kirk Nace to comment on this and in his typical sarcastic manner he simply said "No, really, you must be kidding me. I mean the National Association of Realtors, AND my elected officials told me things are getting better." When prompted for more of a response he simply suggested we go back to what he has been sharing for many years and that "we have at least another 25% to 35% to go and it has the potential to be a lot more than that if the government doesn't get out of the market and allow the pieces to fall until the collapse is complete at which time healing, or rebuilding could commence. Every time they put another band aid on, it only extends the suffering longer and causes even more pain!"
Click on the title above or the link below to review the entire CNBC article.
http://www.cnbc.com/id/40431286
