Sure,

1. Look at your current inventory levels vs your pending sales, which way are they trending, most of the country they are going in opposite directions
2. Look at average values month to month, which way are they trending, most of the country they are going DOWN STILL.

Wait till they level off for a month and you can be somewhat sure we may have hit the bottom.

If interest rates start to go up, this will cause and artificial bottom because it won't matter if you bought at 140K, cause unless your paying cash, it might as well have been 160K.

There you go... NOW GO OUT AND QUIT LYING TO PEOPLE! LIKE NAR DOES