The spring buying season is showing early promise with an 11% rise in April from the record low in March.
One would hope the good news would lead to rising home prices. At the REthink Symposium held by HousingWire early this week, some market analysts felt prices may appreciate somewhat on the weak rise in demand.
If so, it won't last.
And if that price appreciation marks the end of the double dip, then it's time we prepare for the triple dip. Furthermore, brace yourself for a sector that will keep seeing its share of scoops.