This is Business week. they are discussing single family homes purely as investments. OK, so looking at housing as an investment isn't a hot market, but there is CERTAINLY no indication of it being a loss. For a homeowner, there are benefits that go beyond the investment value.
If anything, this comment backs up what i am saying. there is n decline, but weak increases. The author certainly didn't say "Get out now before the bottom drops".
Maybe he should have. Today a guy in Maine sold a lake front 7 bedroom house with 15 acres of land for 800K, a year ago he could have gotten 1.4M but his selfish grown brats told him not to sell, because they like going there once or twice a year for a week - maybe. They did not lose, he did.