Where's Your "Bottom" At?

I was watching Ben Bernanke on TV earlier talking about the economy and where the economy was heading. He got questioned by a Senator about when he thinks the housing market might bottom out and begin to stabilize. He stated that this coming spring could be the beginning of a rebound, because a lot of the credit problems problems will subside.

On the other hand, in my market there's tons of short sales now, and I don't see an end to that anytime soon. Especially when there is supposed to be a whole new set of those adjustables re-setting next year. I also think certain areas will see a bottom sooner than others, and I think those are the high cost markets. So, where do you think the Bottom is in your market?

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