Some positive signs that point toward a recovery in the housing market

"Pending home sales continued to rise in November reaching their highest level in 19 months. Signed sales contracts jumped 7.3% between October and November and are 5.9% above the level a year earlier." Data from the National Association of Realtors as reported by Real Trends.

"The nation's average mortgage interest rates are starting 2012 near all-time historic lows amid signs of improvement in the housing market and manufacturing industry. The 30 year fixed rate mortgage averaged 3.91% for the week ending 12/29, down from 4.77% a year ago." Freddie Mac mortgage market survey reported by Real Trends.

"The U.S. unemployment rate unexpectedly fell to 8.5% last month as job creation was more robust than expected, providing continued signs that the nation's labor market is improving gradually."
The New Year has begun and Opportunity is knocking!