let's ask ivy zelman, the ceo of zelman and associates joining us today exclusivive by phone. >> thankaving me, scott. it's great to be on. >> i know you got back from i big conference out in vegas. how would you characterize where you think the housing market is today? >> you know, i have -- the conference was actually more upbeat than i would have expected given the somber situation on wall street. >> people talk about the autos have been strong. airplane sales have been strong. maybe you gather from boeing. you got peak airplane. maybe you got peak housing. any thought of that being true? >> well, it would really be hard to be at peak housing given the lack of recovery we've had so far, and although we are have been recovering since really 2012, we've -- single family starts are up. we still think we have about 35% to 40% below normalized housing starts. we have a real lack of shelter, and i think affordability is at pretty much record levels and rates have stayed low and in a very weak economy i can't imagine rates going higher, but we have runway -- a lot of people living in apart

steve ivy zelman -- steve eisenman. the next name on that list could be jonathan drew and. last night, and interview on hockey night in canada. he said he is prepared to trade jonathan during but has to receive equal value in return. during -- he was requesting a trade. in the trade offers coming for steve santos, he would not comment on that. the winning goal last night in overtime with the bolts over the puck in the five hole. jacob markstrom. both had to colorado to face the apps on tuesday. >> three days down for the buccaneers. they have not hired his replacement. at least not yet. all signs seem to be pointing to cut her. -- cutter. and the philadelphia eagles have reportedly reached out to ask for an interview with him. also, sean mcdermott. the panthers have a first-round bye but they will play the winner of this game. seahawks and vikings. -2 degrees at kickoff in minneapolis. if he thought the ending of the bengals/steelers game last night was interesting. watch what happened here. a bad snap. russell wilson picks up the ball where you thought you might've jumped

and take a listen to what widely followed housing expert ivy zelman had to say about kb earlier today on the halftime show. >> taking kb age specifically, we have tremendous upside trading right nout at about .7 times book. if you go back to 2011 at the trough, this is raufly where the valuation was and we would believe that the market is pricing in a huge recession the way it is priced today that we don't -- forecast to come to fruition. there is a huge short interest in the stock and everybody realizes that housing is on solid footing this will have a huge performance on short covering alone. >> you could see, b.k., the stock moved higher as ivy was saying that. it was up at one .7%. she sees a 73% upside for this name. >> these stocks ripped today. and this is the sector, if you disagree with b.k. about the future of the economy, this is the sector you want to be n. as ivy pointed out, there is a shortage of houses. more demand coming in. her concern is my concern. are we going to have a recession. she said if they are pricing too low for that scenario. but if you looking at these

housing expert ivy zelman gave us her take on the real estate market on friday's show. >> it would really be hard to be at peak housing, given the lack of recovery we have had so far, and lower -- have been recovering since 2012, housing starts for single family are up 50%, we still think we've got about 35 to 40% below normalized housing starts. plus, inventories in the united states are at 30-year lows. >> all right. tia, manager stephanie link joins us with how she is investing in that space. steph, what did you think of what ivy said, do you agree, and what do you think the best bets are in housing, if any? >> i do agree. i think that the supply/demand dynamics are very favorable. i think the interest rate environment is going to remain very positive, and a nice tail wind, and affordability, therefore, is also a tail wind. so i like this. household formations continue to improve, as well. i like the group, the builders, but the building products companies and the name i was going to talk about today is stanley black & decker. >> okay. go ahead. >> so basically -- >> don't stop there.