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