BAD NEWS HEADLINES FOR BUYERS.....Will we ever learn from the PAST?

By
Real Estate Agent with RE/MAX Components - Fallston Maryland

Thought you would like to read Headlines from the past.....

"The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline." (Time, December 1, 1947)

# Houses cost too much for the mass market. Today's average price is around $8,000-out of reach for two-thirds of all buyers." (Science Digest, April, 1948)

# "The goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs $28,000." (Business Week, September 4, 1969)

# "The era of easy profits in real estate may be drawing to a close." (Money, January, 1981)

# "The golden-age of risk-free run-ups in home prices is gone." (Money, March 1985)

# "Most economists agree... [a home] will become little more than a roof and a tax deduction, certainly not the lucrative investment it was through much of the 1980s." (Money, 1986)

# "Financial planners agree that houses will continue to be a poor investment." (Kiplinger's Personal Financial Magazine, November 1993)

Share this with your Buyers......this IS a Great Market to Buy!

Robert B. McArtor, REALTOR, Auctioneer, Long and Foster Real Estate, Inc. Maryland HOMES Team.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Tags:
buyers
buying a home

Comments 7 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
83,312
Matthew Zgonc
Realtor, CFS, CVS
Aksland Real Estate
Thanks for sharing.  One thing I have learned is that real estate is generally a great investment, since over 10 years, it usually doubles.
February 13, 2008 09:27 AM
Rainmaker
212,913
Kim Peasley-Parker
AgentOwned Realty, Heritage Group, Inc.
So even back then bad news made headlines but I am sure the increase in prices didn't make as many.
February 13, 2008 04:21 PM
Rainmaker
175,663
Robert McArtor
Top Listing Agent for Baltimore and Harford County
RE/MAX Components - Fallston Maryland
I think its great news to share with Buyers.....
February 13, 2008 08:24 PM
Rainer
85,358
Karen Moorhead
Ann Arbor Area Real Estate
Keller Williams Realty

Wow this really does explain it all doesn't it?  Excellent history here.

February 16, 2008 02:44 PM
Rainmaker
175,663
Robert McArtor
Top Listing Agent for Baltimore and Harford County
RE/MAX Components - Fallston Maryland
We are simply in a cycle....unfortunately Subprime mortgages got the blame......
February 16, 2008 07:25 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the camera to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
175,663

Robert McArtor

Top Listing Agent for Baltimore and Harford County
Contact me TODAY!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Information on Real Estate Marketing and The Auction Method of Marketing.