Perhaps the sea is calming?

According to an article on CNN Money, the volatile sea of the real estate market may be calming.

"The big fall-off in home values, which has taken the median price of a house down almost 30% since 2006, looks to be in its final stages in most places: Three-quarters of the nation's 384 metropolitan areas will see prices down less than 5% a year from now, according to projections from Fiserv and Moody's Economy.com; 10% seem poised for modest increases. Meanwhile, Uncle Sam is lending a steadying hand with programs designed to prop up the market -- at least for a while yet."
(Excerpt taken from "6 housing trends in a still-shaky market" By Amanda Gengler on April 1, 2010; link to full article is http://money.cnn.com/2010/03/18/real_estate/housing_prices.moneymag/index.htm)

This could be encouraging news to both buyers and sellers. Buyers are still poised to purchase homes that will continue to increase in values, and sellers are poised to begin to see higher selling prices.