My perspective on the real estate headlines - 11/28/07 04:13 PM
Many people have asked me about the current real estate headlines and what they mean to buyers and sellers.  Keep in mind that the media has been making dire predictions about real estate for decades: 
1969:  "The goal of owning a home seems to be getting beyond the reach of more and more Americans.  The typical new house today costs about $28,000."  Business Week
1977:  "The median price of a home today is approaching $50,000.  Housing experts predict price rises in the future won't be that great."  National Business
1985:  "The golden-age of risks free run-ups in home prices is gone."  Money Magazine
1996:  … (1 comments)