A year later, reality sets in on housing

"The dismal results of Obama's mortgage aid program now raise doubts about whether the government can fix the housing crisis. Low interest rates and tax incentives have boosted home sales, but are ending soon. The $1.25 trillion program created by the Federal Reserve that has helped keep rates low is scheduled to end next month. The tax credits run out on April 30.

At the same time, hundreds of thousands of foreclosed homes will hit the market this year, depressing prices even more."