The housing crash continues. Though there are bright spots, giving us hope that the housing market is on the rise. The truth of the matter that overall, the outlook is still bleak. Many great deals can be found for housing (if you have a job, and if you can get a loan). Houses that were considered over-priced are now selling at a fraction of their value. Rental prices have gone down. For the unfortunate ones that are going through the foreclosure process, there are sources to help you.

Home builders that construct neighborhoods have an inventory of houses that need to be sold. Banks that once held the note to your mortgage are now trying to deal with the ever growing amount of homes that have been foreclosed on. Construction, for the most part, has slowed considerably. Existing projects are looking for financing from other countries to keep from defaulting. The slowing construction trend can be seen in every major city from coast to coast.

Analysts say that there is light at the end of the tunnel. The journey to the end of the tunnel is hard part. Once we reach the light, what dilemmas will we face then?