http://www.therealestatebloggers.com/2010/01/11/housing-could-remain-big-weakness-in-united-states-economic-picture-for-2010/

It should be no shock that housing will remain weak. Until the jobs picture improves dramatically and consistently, the ability for potential homeowners to purchase a home is small. While no single indicator can ever capture a market as diverse and dynamic as the US market, the closest thing we have is jobs. And it is not only the jobs lost, it is also the threat of jobs lost that casts a pall over the housing market, and it appears to be that way for a while. Does any body really see a real improvement in job creation?