Has the Housing Market Finally Found Its Footing?

The upward trend in home prices over the past three months doesn’t tell the whole story.

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What does this forecast mean for consumers? According to experts, sellers shouldn't hold out for better times in the coming months. If your goal is to make a profit off the sale of your home, now is probably not the time to sell, says Daisy Kong, spokeswoman for Trulia, a real estate information website. But if you have to move, the key is price your home aggressively to attract what little demand there is in the market. "Make sure [your home is] priced to sell based on [comparable homes] from the local neighborhood. Maybe price it even a little lower," Kong says. "Don't focus so much on trying to make a profit as much as just trying to recoup costs."

Twitter: @mmhandley