When we asked Kirk Nace about this, he simply responded with "no, really you are kidding, there will be more foreclosures in 2011 than ever? It's a good thing Realtors and politicians are telling us the market is improving, because if they say so it's got to be true." For those of you who don't know Kirk, imagine gallons of sarcasm oozing from that statement, but then again Kirk has been sharing this message for years.
Click on the title above or the link below to review the entire Yahoo Finance article.
http://finance.yahoo.com/news/Banks-repossess-1-million-apf-1937862554.html?x=0
