Hard Assets Investor submits:

Mike Norman, anchor, HardAssetsInvestor.com (Norman): Hello everybody, and welcome to HardAssetsInvestor.com. I’m Mike Norman, your host. Well, talk about a hard asset, what about real estate? Here to talk about that, and somebody who has a very, very intimate knowledge of the real estate market is Tom Adkins of Tom Adkins Homes. Tom, thanks a lot; it’s great to see you.

Now you and I, we go back … because we spoke about this several years ago. We talked about the real estate market as maybe facing some period of softness. But things obviously played out, at least in some of the bigger markets, far worse than the forecasts or the expectations. How do see you things now? Let’s talk about now, because it seems to me, when you look at some of the data … little glimmers of hope popping up, obviously prices have come down a lot; you see the foreclosure activity. How do you see it now?

Complete Story »