Why the Housing Market is 3 times worse than you think

All the hype about "Recovery", "the recession is over"; it is all true? These days we are hearing mixed reviews from the media, but the way the "experts" calculate new jobs, housing, unemployement change; YES they are changing the way the report or read the figures on the report. I have attached an article I found that talks about why our market is worse than we think. Did you know California is listed at 6th on the charts for being distressed! http://realestate.yahoo.com;promo/why-the-housing-market-is-three-times-worse-than-you-think.htm