Just about any time I hear references to the housing crisis, Nevada, if not specifically Las Vegas, is always included among the markets listed among those suffering the most. Nevada, Arizona, California, and Florida are all considered to be among a general index by which the health of the national housing market is judged, despite the "Local, Local, Local" mantra.

According to an article in today's USA Today, an upward trend in home sales...not just a single-month statistical anomaly, but a trend of of six months...is developing, which suggests that Las Vegas is perhaps seeing at the least a touch-and-go in sales. Keeping in mind that most of these sales numbers are being bolstered by the sell-off of thousands of foreclosures, it's at least a sign that the bottom-feeders are out, which will help reduce supply levels and hopefully breath some life back into the market as demand begins to increase.

Here's hoping that other formerly-hot markets who take their cues from other formerly-hot markets will no doubt follow suit, and that this will be certainly one kind of happening that doesn't stay in Vegas.