Has the Treasure Valley housing market hit bottom?

The home-buying tax credit is out. Market-timing bargain hunters are in.

Statistics released Monday by the Intermountain Multiple Listing Service showed 654 home sales reported in the Treasure Valley in August, a 33 percent decline from the year's high-water mark of 975 set in April. That's when the $8,000 federal tax credit had first-time buyers scrambling to make offers on homes.

Read more: http://www.idahostatesman.com/2010/09/1 … t-hit.html