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Has Housing Hit the Bottom?

An article posted this afternoon on asks the title question here.  The answer to the question can be summarized in three parts:  (1) There is some data consistent with a bottom;  (2) There is some data inconsistent with a bottom; and (3) If this turns out to be the bottom, the earliest it can be proved is 3-6 months from now, but it could take a whole year.

See the data and read the story here.