According to this article and the nice graphs they provide, California is on the plus side.

http://www.economist.com/blogs/freeexchange/2009/12/california_two_views

http://online.wsj.com/article/SB10001424052748703510304574626212033033506.html?mod=googlenews_wsj

Thats good news. I hope its not a fault positive. If this is true, and housing prices are back on the positive, then it looks like a good time to buy a home.

http://www.businessweek.com/bwdaily/dnflash/content/dec2009/db20091229_335504.htm

That seems like good news, but of course a lot of people were originally trying to close on homes for November 2009's tax credit, before Obama approved the extension. Hopefully those numbers are accurate of the economy improving. This also means, interest rates may be on their way back up soon.

http://online.wsj.com/article/SB126148828270801485.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

Looks like a lot of ecomonics are fearing rise in interest rates in the near future, even after Fed's announced after a 2 day meeting that they will keep interest rates near zero for another 45 day period. This seems to have scared the stock market as well, since there's a heavy reaction on the increased US dollar value.

http://online.wsj.com/article/BT-CO-20091217-711212.html

Hopefully this is good news for home buyers.

http://money.cnn.com/2009/12/15/news/economy/fed_rates/

Looks like they finally figured out the real reason for the issue, bubble in home values. Isn't our government smart. Lets see if the can fix it.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aK_i0u8bqxeE&pos=5

Looks like he'll be holding the interest rates low. Economist think the rates will hold low til mid-2010.

http://www.washingtonpost.com/wp-dyn/content/article/2009/12/07/AR2009120703359.html