Optimism is rising on housing market

Optimism is rising on housing market: "Optimism is rising on housing market
LOS ANGELES – Dec. 4, 2006 – A growing number of analysts are beginning to hint that the country’s housing slump may be over, pointing to a rebound in home builder stocks and declining mortgage reasons as proof.

Indeed, builder stocks rallied sharply on Nov. 30 following an analyst’s upgrade, while Freddie Mac confirms that the average interest on a 30-year fixed mortgage slipped to 6.14 percent this past week."