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Has the Housing Market Hit Bottom?

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The median price of houses in the Bay Area has begun to rise in recent months, but real estate watchers also expect to see new waves of foreclosures on the horizon. We take stock of the real estate market. Is it a good time to buy? Does renting make more sense in this economy? What is the long term prognosis for real estate in Northern California?

Guests:

Carolyn Said, staff writer covering mortgages and the real estate market for The San Francisco Chronicle

Jim Wasserman, senior business writer for The Sacramento Bee

Rick Turley, president of the regional division of Coldwell Banker

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