This article shows more anecdotal evidence of the improvement in the housing market. ¬†With rates so low and affordability considerably better, the primary things holding back purchases are consumer confidence, and available financing. ¬†Assuming sentiment continues to improve I see no reason why we haven’t seen the bottom in the housing market.

http://online.wsj.com/article/SB10001424052702304636404577295333746038516.html?mod=WSJ_hp_LEFTTopStories

INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.