Great story from CNN Money on bottoming indicators in the housing market nationwide. 

Home prices may be bottoming out new report suggests 

There are several stories from media outlets from around the country that are now reporting exciting information about the housing markets.  It appears that we have been seeing sustained price stability in most markets!  Below is an excerpt from one of those articles to educate you on what's happening.  For more of the story, please visit the CNN Money Website.

Les Christie states:

"Most U.S. cities saw gains in the median price of single-family homes sold during the three months ended Sept. 30, according to the National Association of Realtors' quarterly report on home prices. This is the second consecutive quarter of gains.

The national median home price was $177,900 in the third quarter, up $7,000 from the previous quarter. And while that down more than 11% from the third quarter of 2008, the pace of decline is slowing. In the second quarter of 2009, home prices fell 15.4% from the same period last year."

By Les Christie and Ben Rooney, CNNMoney.com staff writers

More of this article from CNN Money...

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