NEW YORK (
) -- It's easy to be gloomy about the housing market, but Jim Cramer, in his
segment on CNBC Thursday, noted there are people out there buying new homes and taking advantage of low prices.
Cramer theorized that the only time the housing market will truly make a shift is when unemployment improves. But he added that currently things are not that bad.
In the last four months, 29 out of the 30 metropolitan areas have been up. "If you were trying to buy a house you'd wish it was more negative," Cramer said.
On more of an equities level, Cramer noted that
will be a winner this holiday season, as Ugg sales remain strong. "I thought it would be worn out, but this product is still hot," Cramer said.
cited the winter boots as one of the best-selling items in its third-quarter.
-- Reported by Jeanine Poggi in New York.
Follow TheStreet.com on
and become a fan on
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.