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...

 

 

 

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

JAN
11
2008
406,051 Points 17 Featured Posts Outside Blog
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! =(
7:26pm • #1
absolutely right, nice illustration, real estate has never been a short term investment!
7:52pm • #2
3 Featured Posts

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!

8:03pm • #3
JAN
14
2008

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

9:58pm • #4
FEB
08
2008
123,405 Points 13 Featured Posts Outside Blog
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!
6:15pm • #5

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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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