Has the housing industry reached the bottom?

It is difficult to say if the housing industry has seen the bottom of this recession. Especially with the recent increases in unemployment, however there are some good signs out there that hopefully we might see an upward trend in the near future.
Two large companies that have a large presence in the Dallas/Fort Worth area are showing signs that at least in DFW aree we might see the light soon.

The Associated Press reported that Chase Bank is increasing their staff of mortgage loan officers:
"JPMorgan Chase said Tuesday it will hire 1,200 mortgage loan officers by the end of next year, a 60% increase in its sales force.
The workers are needed as the company aggressively goes after new home mortgage business and customers refinancing their home loans."

Beazer Homes saw a profit in the last quarter:
http://www.usatoday.com/money/companies/earnings/2009-11-10-beazer_N.htm

Brian Heltzel
Putting On The Fix Remodeling
Burleson, TX
www.puttingonthefix.com