The housing market remains the one big drag for the overall economy, but home prices may have finally bottomed out in the first quarter of the year and pent-up demand will eventually bring market forces to a decisive tipping point at which time a quick turn-around might occur, according to one analyst. In the current market, challenges remain, perhaps most notably the big disconnect between housing affordability and market demand. “Despite record low mortgage rates, housing demand remains weak,” said Christopher Flanagan, managing director and head of U.S. securitized product research for Bank of...