Home sales rise in parts of the U.S.

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An uptick in new and existing home sales across the country has real estate watchers and economists hoping that the housing market might have finally hit bottom, especially in the South and West regions of the nation. In the South, new home sales rose almost 10% in February, compared to January, and in the West the rise was 6.6%. Joining The Takeaway are two real estate brokers, Ed Snively of El Centro, California, and Ryan Ward of Atlanta, Georgia who have been riding the tumultuous waves of the housing market in both of those regions.

"Ten years from now, that home you buy today, even given everything we're going through, it is my opinion it is going to be worth more than you pay for it today."
—Ed Snively, of Snively Realty Group, on the current housing market