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...