What you are unlikely to hear is that the home price situation is improving and that the worst is well over. During the last year home prices on the index have shrunk every month. However, the rate at which prices are declining has begun to improve significantly in recent months. The chart below shows that rate of change.
It should also be noted that once again this month 7 of the 20 markets actually saw price gains. It is my opinion that 9 of the 20 markets have either hit bottom or are increasing.