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Other stories by Ivy Zelman

• Skewed Numbers Show a False Spring

  Unsustainable factors are making the numbers look more hopeful than they really are.

• Lower Mortgage Rates Won’t Solve the Market’s Foreclosure and Confidence Problems

  While they’re a step in the right direction, lower mortgage rates won’t solve the foreclosure and confidence problems the market is facing.

• Industry Waiting to See the Impact of the Government's Bailout

  We have yet to see how the government’s actions will affect the housing industry.

• Foreclosures are Pushing House Prices Down

  Mounting floods of foreclosures continue to pull home and land prices down.

• False Hope

  A hard look at market factors refutes seemingly optimistic signs.

• Stacked Deck

  In the current market, the banks hold all the cards.