In down real estate cycles it's normal to get regularly bombarded with gloomy real estate stories (like this).
It can be tempting to think the housing correction is still in the middle innings when in fact, the correction may be down to its last three outs.
Despite the downside risk that still exists, there's going to be a month where home prices bottom. And very few will see it coming.
In some markets, it may (heavy italics) have already come.
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