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The Mid-year newsletter for The Genesis Group showing continuing negative trends in the sale of both new and resale homes. To see it, click here The Genesis Group Newsletter.

But also in that newsletter is an article about the current housing market titled “The expected decline continues, market rapidly approaching bottom”.

A key sentence: “Despite, or rather because of these negative reports, it is becoming clearer to us that the market is rapidly approaching bottom.”

One of my favorite passages from the Bible is just a phrase that occurs almost 400 times: “it came to pass”. Nothing stays the same. There is no accurate linear projection from this date into the future showing that the direction things are headed now is the direction they will always head. Market has been headed down. It will go up. If it has been going up, it will go down again at some point.

Perhaps it’s true that “the market is rapidly approaching bottom”. I have two things to say about it: “I’m ready for it to change”; and “now is the time to take advantage of the bottom of the market”.