The debate over whether the U.S. housing market has bottomed rages on.However, evidence suggests that at least some major regional markets may be bottoming.
Zillow Real Estate Research just released their first quarter market research report, and they have analysis on the 25 largest metropolitan areas in the U.S.
According to their assessment, 14 of those markets have already bottomed. 3 will bottom sometime during the rest of this year.
We rank the 17 metropolitan areas in order of when their housing markets bottomed based on price change.