Let's Put Things into Perspective...

By
Real Estate Agent with Keller Williams Realty

It's 1971...

You have your Firebird & Led Zeppelin's blaring in the background . . . . or you have your bell bottoms, afro & disco ball!

1971 pontiac firebird  bell bottoms & afro disco ball led zeppelin 

You pay..

40 cents per gallon for gas..

8 cents for a stamp..

43 cents per pound for Turkey..

$150 per month in rent..

the average new home sale is $25,250..

and your interest rate is 7.48%!

 

Today's Interest Rates -> Starting around 5%

 

Even in the 70's you couldn't borrow money as cheap as you can today!!

What are you waiting for..??

what are you waiting for?

 

Posted by

Britney Elizondo

Buyer Specialist, REALTOR® | Vicki White Homes | a team within Keller Williams Dallas City Center | www.vickiwhitehomes.com

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Ambassador
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Many people are waiting (or searching) for a job. THAT is what has stalled housing and the tight credit lending standards, but seriously Britney, interest rates aren't a problem you are right. If anything they may be rising in the near future from these historic lows.

Apr 27, 2011 08:59 AM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Britney, now you are waaaaaaaaaaaaaaaay to young to be able to remember any of those things, but unfortunately I not only remember wearing the bell bottom pants, but also waiting in the gas lines for the 40 cents per gallon of gas.

The houses are at the lowest prices that they have been in years, and the interest rates lower then when the house were that price.  GREAT TIME TO BUY!!!

Apr 27, 2011 09:26 AM #2
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Britney Elizondo
Keller Williams Realty - Dallas, TX
Your Dallas Home Buying Specialist :: 940.453.5308

Ha Well.. my fiance' does own a 69 Firebird and I do occasionally listen to Led Zeppelin.. classics!! =)

Apr 27, 2011 09:33 AM #3
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Britney Elizondo

Your Dallas Home Buying Specialist :: 940.453.5308
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