20.06.2011 - How to tell if your housing market has hit bottom
At first glance, you're not likely to see a lot of similarities between stately Cambridge, Mass., and sprawling Denton, Texas. Both have pretty much recovered from the five-year-and-counting housing recession. And both provide invaluable clues for those looking to decipher whether their own markets have seen the worst of the crisis. According to a statistical analysis performed for The Wall Street Journal by the online real-estate information and search firm Zillow, home values in a handful of communities are where they were just before the most frenzied days of the real-estate bubble..............................................Full Article: Source
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