Has the housing market really hit bottom? Tell us what you think.

Arizona Association of Mortgage Brokers

The Associated Press reported Monday that the housing market decline has reached bottom  and that the "worst is over."

Based on national data released over the last two weeks, the AP reports that "by every measure, except foreclosures, the housing market has stabilized and many areas are recovering."

What do you think?  Has the Arizona market hit bottom? If so, are we holding flat or beginning to improve?  Is the glass half-empty or half-full?

Here's your chance to play armchair economist!  Please post a comment below and let us know what you think.

To read the AP article in the Arizona Republic, click here.