According to recent Gallup data, Americans feel home prices are still at a pretty low level — but that also means many think it is a great time to buy.
The latest economic forecast from federal policymakers indicates the worst may be over for the long depressed housing market. The question is how long will it take for things to return to normal.
U.S. home prices stayed basically flat in February according to the S&P Case-Shiller Index. Without adjusting for seasonal fluctuations, prices actually dropped 0.8 percent to reach the lowest level since 2002.