According to many analysts, the gain in the Standard & Poor's/Case-Shiller 20-city index is only temporary as they believe that home values will take a plunge in major markets right on into 2011.

"Home buying season" is coming to close with not much action to speak of. Between the high unemployment rate and the tougher lending standards, home sales have been dismal at best. According to Veros, a real estate analysis company, Port St. Lucie, FL., Reno, NV., Orlando, FL., Daytona Beach, FL., and Las Vegas, NV. are looking another large home price dip.

Currently, over half of the homeowners owe more on their mortgage than what their properties are worth in Orlando and the unemployment rate is 12%. July of 2010 was the worst month for home sales in well over a decade and August wasn't much better. According to Micheal Feder, CEO of Radar Logic, Inc., a company that tracks the housing market, The market, at best, is weak, and starting to decline.

Nationally, home prices have inclined nearly 7% compared from April of 2009, yet they still remain almost 28% below July of 2006.