There are a lot of very good economic indicators further boosting the prospects for a stronger 2012 housing market. Sale of homes improved again in November from the previous month and from same month 2010 for the fifth month in a row. While prices may seem to still be weak, they will no doubt be firming in the near future as typical past cycles indicate over the last 40 years. Those buyers waiting for the lowest prices with the lowest interest rates will be very disappointed should they continue to stay on the sidelines. Interest rates and home prices will go up sometime as demand increases. How soon? Its hard to tell. Interest rates will move first, then look for home prices to move along the rate of inflation at the latest next year.