Are April Homes Sales A Sign Of A Bottom?

No one knows the answer to that but some economists feel the worst of the housing crisis may be over.  I certainly hope they are right and they maybe for the rest of the country but not Florida.  Florida will still probably give up some more value, maybe 10%.  Remember, low rates and the $8,000 tax credit can offset any downward adjustments. 

http://money.cnn.com/2009/05/28/real_estate/new_home_sales/index.htm?section=money_realestate