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Housing: No Comeback Just Yet

By Aggregated Content in economic news on August 7, 2012 from http://money.cnn.com/2012/08/07/news/economy/housing-recovery/index.htm

Could the real estate freeze finally be thawing? After years of depressed activity, home prices and new construction have started to pick up in recent months as , suggesting the housing market may have finally bounced off the bottom.

"It feels very much like we've hit a bottom and we're starting to come off of that bottom," Stuart Miller, CEO of homebuilder Lennar told analysts in June. 

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