This isn’t a “new” news. Looking back at the data I believe the market bottomed out somewhere in August of 2006 and has been on a recovery since then. I think this is the best time to buy real estate.
Housing market recovery ‘likely’ this year, realtors group says – MarketWatch A recovery in the nation’s housing market is “likely” this year, though problems in the subprime lending marketplace and unusual weather have posed challenges in assessing conditions, according to a Tuesday forecast from the National Association of Realtors.