CNNMoney Bets that Housing has hit the Bottom

Has housing prices finally hit the bottom?   According to a CNNMoney article – we may have finally reached there.

The Commerce Department reported Wednesday that new-home sales rose almost 5% last month after hitting their lowest point ever in January.

Most saavy investors are now taking the plunge, as home loans and refinances are at all time lows (Below 5% last week ) and the incentives from the government dont hurt either!

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