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


  Click Here  

 

 

7 Comments on BAD NEWS HEADLINES FOR BUYERS.....Will we ever learn from the PAST?

FEB
13
2008
So true, Robert. Funny how things change, and yet sometimes they don't!
6:36am • #1
116,431 Points 6 Featured Posts Outside Blog

Brian...I am amazed at the bleak picture the media has painted through-out the years. No wonder Buyers are so nervous.

7:44am • #2
Thanks for sharing.  One thing I have learned is that real estate is generally a great investment, since over 10 years, it usually doubles.
9:27am • #3
1 Featured Post
So even back then bad news made headlines but I am sure the increase in prices didn't make as many.
4:21pm • #4
FEB
16
2008
1 Featured Post Hit Router

Wow this really does explain it all doesn't it?  Excellent history here.

2:44pm • #6
116,431 Points 6 Featured Posts Outside Blog
We are simply in a cycle....unfortunately Subprime mortgages got the blame......
7:25pm • #7

Leave a response…



(optional)
What does the graphic say?
 
Robertmcartorhdactiverain Rainmaker_large

Robert B. McArtor, REALTOR, AUCTIONEER, BALTIMORE, HARFORD, CECIL MARYLAND

Bel Air, MD

More about me…

Long and Foster Real Estate, Inc.

Address: 3004 Emmorton Road, Abingdon, MD, 21009

Office Phone: (410) 879-8080

Cell Phone: (443) 392-4833

Email Me

Information on Real Estate Marketing and The Auction Method of Marketing.


Links

Archives

RSS 2.0 Feed for this blog

Find MD real estate agents and Bel Air real estate on ActiveRain.