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Quick Everyone! Get On The Assessor's Web Site!

Ok, so sick of all of the doom and gloom about the market and how things are soooooo terrible. I'm trying to encourage some of the newbies and some of the oldbies, too. So, many times I ask the question..."do you see any homes in your neighborhood priced at what they were in the 1970's?" It made me think. No matter how bad hair styles got, home values soared!

How much was YOUR home in the 1970's?

Heeeeeere's Farrah's hair from the 70's

And in the 1980's?

Everyone tried a little color in the 80's

How about the 1990's?

Although hair started to be more reasonable in the 90's home prices still climbed!

Seeing a trend here? Oh, sure there were terrible times in some of our local and in the national market, but what inevitibly happens to most all real estate? So then it's just a question of waiting it out and pushing through to the better day. If you can tell me that your house is devalued more than a decade, I might listen to you. (Unless it's in a flood zone or has major structural damage), but other than that...you can't convince me that things aren't coming up and up and up...

Posted by Lania DeMers, Broker Rocky Mountain Realty Co. on 01/11/2008 06:52 PM

Comments (5)

market, sub prime, buy, sell, invest, prices, value, values, appraisal, decline, recession, appreciation, increase, stock, analysis

5 Comments on Quick Everyone! Get On The Assessor's Web Site!

I would SOOOO love to put a black stripe in my hair again. Growing up and having to be professional can be a real downer! =(

01/11/2008 07:26 PM

by Lisa Hill (Daytona Beach REALTOR®) (Adams Cameron and Company)

absolutely right, nice illustration, real estate has never been a short term investment!

01/11/2008 07:52 PM

by Diane McDermott, Real Estate Broker, Charlotte NC, South Charlotte Specialist (REALTOR®, e2 Real Estate Team, Banks Calkins Real Estate Inc)

Thanks Diane. This time would go by so much faster if people would remember that!

Lisa: I don't know if you know this, but it just dawned on me that you are my "AR best friend." You comment on my blogs a lot and we seem to be a lot alike...I had fuscia tips instead of a black stripe and I was just cooking dinner and thinking how I've had to tone so much down to grow up! :-) You're the best!

01/11/2008 08:03 PM

by Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.)

Thanks for the comment, curious how you guys are getting your REO's? Are you working with many different banks or just a few?

Alex

01/14/2008 09:58 PM

by Alex Aguilar (Axia Real Estate)

Lania, I love the parallel! Promise me that hair will never be as bad as it was in the 80's again! :) as for those property values...I've heard alot of people around here who are thinking now is the time because they're scared we might be very near the bottom and they're scared they're going to miss! Wahooo!

02/08/2008 06:15 PM

by Shannon Lefevre Naples, Florida CRS (John R. Wood REALTORS Inc.)

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Real Estate Agent: Lania DeMers, Broker Rocky Mountain Realty Co. (Rocky Mountain Realty Co.)

Lania DeMers, Broker Rocky Mountain Realty Co.
Colorado Springs, CO
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Rocky Mountain Realty Co.

Office Phone: (719) 638-5858
Cell Phone: (719) 232-5941
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