A new Wall Street Journal survey of forecasters found 44 believe the housing market has reached its bottom; only three don’t. Additionally, most house prices indices are bending up, including the always conservative and slow-moving S&P/Case-Shiller house-price index. See the WSJ piece here: Housing Passes a Milestone
Bloomberg ran a similar story, saying that “House prices, after falling for more than five years, are rising again.” See Brace Yourself, Real Estate Prices Are Going Back Up
And a related article today from CNN Money: 700,000 homeowners no longer underwater on mortgages
