take a look at the charts from the attached site (click on article name above or paste below into your browser) then ask yourself, when is the bottom of the housing market likely to occur?
http://www.agorafinancial.com/5min/the-second-wave-of-the-housing-crisis-profiting-from-carbon-caps-us-is-out-of-money-lunch-with-ron-paul-and-more/