Impressive...that is all I can say.
Jim Belote recaps information that I, and perhaps you have seen, from various news outlets in the past week or so.
A quick read to know that Mortgage Deduction is safe as well as the relief given to home owners going through a short sale or foreclosure. As Jim notes, this will keep the market improving by removing a costly tax burden to people in these tough situations.
You have to like the news on Phoenix and Las Vegas as well as national 5%+ home value increase. Yet, note the continued warning on interest rate pressures. This is bound to be a topic of many reports in the next few months.