The news came in today about the increase in asking prices for homes across the nation. This is good news for everyone as it may mean that the housing bubble has hit bottom. A new survey found that while some cities have little change, others cities are doing well. I hope this trend will continue.

California has seen some of the biggest increases in new home prices. Inventory of homes for sale are slowly dropping causing higher demand for existing homes. This bodes well for the economy and the nation in general. I will keep my fingers crossed that this good news means that we are on the mend.