According to the Associated Press, new home sales rose 11% in June, the most dramatic increase since December 2000. So, is the housing crisis over?

According to the AP article, experts say the worst is behind us and the situation should begin to improve...slowly. Housing prices still appear to be falling, but the low prices combined with low interest rates and the new buyer tax credit have encouraged buyers to get out there in a big way. Which is the first step to getting back on track.

Also, the number of homes on the market in June dropped 4% from May - good news for sellers just getting their home on the market at the end of the summer season.

Are you a buyer or seller who has been affected by the housing crisis? Do you really think the worst is behind us? Leave your comments and experiences here!