Jim Cramer of CNBC’s Mad Money predicted just recently that Housing has bottomed.   

Residential real estate has finally found a floor, Cramer told viewers on Tuesday. The sector’s long, steep descent is all but over. He had predicted this day would come by the end of June, and he was right – with just two weeks to spare. How can Cramer be so sure? New housing data reported today showed a dramatic change for the better, especially in some of the hardest-hit areas in the US. That news, along with much lower prices and the working off of inventory, validate his prediction, made last August, that housing would stabilize this month, ending its multi-year declines.

What do you think of Cramer’s prediction?  Is he off his rocker again, another sign that he is a genius, or just annoying and looking for ratings?