Altos Research says the housing market is undergoing ‘The Catfish Recovery,” meaning housing prices will stabilize near the bottom, and stay there awhile, much like a catfish is a bottom feeder swimming around somewhat randomly, yet sustained.  In noting the relative constancy of the median price of housing over time, despite the peaks and valleys that are the exception, all markets experience volatility, and housing is no exception.  Volatility is normal, and the housing boom from the mid-1990’s to 2007 was itself an exception.  There are opportunities for traders to profit with the right information and appropriate cautions.