Experts cite many encouraging signs. Among them, home prices rose during three straight months. In July prices reached their highest levels in nine years. Also, new home sales were up a record 27 percent from a year ago. Experts give credit to low mortgage rates and investments in foreclosed properties.
There is more optimism that the housing crisis is a thing of the past -- a survey of U.S. economists finds most believe the housing market has finally turned the corner.