Housing Sales Improve

At this moment Wall Street likes the Geithner plan and they like the fact that housing sales were up a bit in February.

If you have good credit, some dough, and are looking to buy a house, it is clearly a buyer's market. Mortgage rates are below 5% and housing prices are down in many but not all areas.

Personally I see this as a brief moment of optimism not something to get one's hopes up over.

Reuters: Market extends gains after housing data

The housing data added to the optimism sparked earlier by the unveiling of a U.S. government plan to relieve banks of money-losing assets to revive the recession-hit economy