The U.S. housing market, in the telling of housing bulls, has stabilized. New home sales are rising again, as aggressive builder incentives pull buyers back into the market. Meanwhile, mortgage rates falling back under 7%, combined with the housing market entering into the busier spring season, has seen many regional housing markets flip from correction mode to growth mode. In fact, only 16% of regional housing markets tracked by Zillow saw a home price decline between March and April.
When it comes to housing, the worst is behind us. Or is it?
