Future of the Housing Market-Squawk on the Street

This morning "Squawk on the Street" on CNBC had a segment with Stephen Kim, a homebuilder analyst at Alpine Woods Capital Investors. While there a many "lingering problems" with the broader economy, Kim believes we are nearing a "true bottom".

Here is the segment featuring Mark Haines and David Faber from CNBC.



Here is David Faber’s "Faber Report" on mortgage delinquencies referenced in the previous video clip.