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Is the housing market finding its bottom?

04/28/09 14:19

As February stats roll in, cities are still showing an annual decline, but no longer a record one.

other factors include the fact that nine metros including Dallas, Boston and Denver showed an improvement in the annual loss from just the previous month.

Good trends. we will surely need a bit more time before we breathe a sigh of relief, but I think it is evident that although the banks are much more cautious in their lending (as I can personally attest to), more and more people are finding their way into a new home.

[404 Check: was link to http:/ / www. latimes. com/ business/ la -fi -homes29 -2009apr29,0,2176348. story, anchor: Link: Home prices post 18.6% annual drop in February - Los Angeles Times]

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