http://bit.ly/bRf0Qh

According to this article, it is still unlikely that prices will go through a protracted period of decline like the one that took place from mid-2006 to mid-2009.  Homes are as affordable as they've been in over a decade. The ratio of home prices to rents, a measure of the extent to which houses are over- or under-valued, has fallen back near its long-run level.  The American economy continues to grow, albeit slowly. And a new round of quantitative easing from the Fed could turn markets around again, by keeping interest rates lower for longer and nudging up prices generally.  But recovery is far from certain….