We've Come A Long Way Baby!

By
Real Estate Agent with Long & Foster Real Estate, Inc., Annapolis MD 21403 DRE# 319853

This past birthday I received one of those books that tells you all that was going on the year you were born. Today I finally decided to really take a look and yikes!! Look at the prices back then.

years gone by

Hard to imagine a family living on $2800.00 a year even if gas was only 15 cents. I wonder if that income was with or without that Harvard Degree? And that new house for $6650? Was that bought with 20% down, 5% interest and seller contribution? Gee did it have a bathroom? Oh it must have cause I remember having one and my parents only paid $4500 for the house I grew up in. LOL

 Of course life was way simpler back then. TV was the lastest and greatest in technology, we ate Moms cooking around a dinner table every night (convenience food had not even been invented) and that big heavy car with the roll up windows lasted forever because our highway system had not been created.

Looking back I think I still prefer todays craziness. There is just something magical about having the world as your backyard. But then again those dinners were priceless.

Posted by
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About the Author Martha Brown- As a third generation Annapolitan I love to write about my experiences in and out of the real estate market. Licensed since 1992 all with Long & Foster I am a Certified Residential Specialist (CRS) and a Seller Representation Specialist (SRS) whose passion is homes in the Annapolis MD area and surrounding communities. My goal is to help my clients understand the real estate market and to then make sound real estate decisions. 

 

Martha can be reached  at 410-260-2800 ofc or 

martha@homesaroundannapolis.com.

When searching for Annapolis area homes for sale

there is no better place than

www.HomesAroundAnnapolis.com

 

Have a real estate question?? 

 Ask Martha

 

 
         Bringing 'Peace of Mind' since 1992                  
 
All Photographs and/or written material and content produced by Martha Brown. All Rights Reserved and may not be reproduced or reprinted without express written permission of

Martha Brown of Long & Foster Real Estate.

320 Sixth Street

Annapolis, MD 21403

410-260-2800 office

410-440-7839 cell/text  

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Rainer
62,382
Denise Gray
Realty World Alliance - Wichita, KS
Realtor SRES, Wichita Kansas Homes

Makes me think about the first houses we built in 1981. 2 bedroom, 1 bath, 1 car garage, 956 sq. ft., unfinished basement $34,500. Same house today sales for $105,000.

Feb 08, 2009 03:56 PM #1
Rainmaker
1,008,060
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Martha:  Wow... it's too bad we don't have a way to go back into the past and buy up a home or two somewhere.  Thanks for sharing.

Feb 08, 2009 04:20 PM #2
Rainer
336,470
Chip Jefferson
Gibbs Realty and Auction Company - Columbia, SC

I could have bought several homes with out a loan. Had multiple cars in the garage, went to the movies 7000 times and still had some money left over.

Feb 08, 2009 09:46 PM #3
Rainmaker
342,910
Elizabeth Bolton
RE/MAX Destiny Real Estate Cambridge, MA - Cambridge, MA
Cambridge MA Realtor

Hi Martha,

That's a fun thing to post! I'm a lifelong packrat and was interested in real estate from the time I was a kid so saved old real estate magazines (my theory was "today's junk mail - tomorrow's treasures"!).  You could laugh or cry when you look at the prices. I'm definitely a believer in the "good old days" myself but what are you gonna do? 

Liz

Feb 08, 2009 11:41 PM #4
Rainmaker
1,434,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Martha, when we look back we can think those were the good old days. Ten years from now we will be saying these were the good old days. I think I like today's craziness too.

Feb 09, 2009 12:18 AM #5
Ambassador
3,263,461
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Martha:  If I could have one of those things back it would be the price of movie tickets.  I can't tell you the last time I paid to go see a movie in the theater.  The prices are outrageous.

Feb 09, 2009 02:28 AM #6
Rainmaker
2,917,628
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Well, I'm guessing those prices must be around the 1950s.  Postage was about 3 cents back then (yes, I remember it).  You could also walk up to a Coke machine and get a bottle of soda for 5 cents, and when they wanted you to put an extra 1 cent in an adjacent box because they raised it to 6 cents, I was outraged.  In 1964, when I gave birth to my son, the hospital cost $250.00 and the doctor was also $250.00.  We had no health insurance, and had to sell the motorcycle to pay for him.  What does having a baby cost today???

Feb 09, 2009 11:14 AM #7
Rainmaker
669,831
Martha Brown
Long & Foster Real Estate, Inc., Annapolis MD 21403 - Annapolis, MD
Your Homes Around Annapolis Agent

Denise- Wow and that was just 20 years ago.

Karen Anne- Isnt that the truth

Laura- Yep but not on a $2000 a year salary they made back then

Elizabeth- Yeah me too. I think what I miss the most are the things that if we had the time we could duplicate today

Michael- Time flys by so quickly and even though I say I like todays craziness better I will probably be saying that 10 years from now too. LOL

Chris Ann- those movie prices were great and it was a real treat to go back then too.

Myrl- Lordy, lordy, $250 for a baby? I remember that too! Life has certainly fast forwarded.

Feb 10, 2009 12:27 PM #8
Rainmaker
1,001,152
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

You are so right...Life is getting faster and faster...Slow DOWN>>

Apr 02, 2009 08:11 AM #9
Rainmaker
285,016
Tere Rottink
CoastalVa Realty Inc - Virginia Beach, VA

Interesting post.  When I first came to this country at the end of 1985, my first job paid $3.65.  The owner of the restaurant was very proud to tell me that if I did a good job he would give me a raise of $.010 cents.

May 08, 2009 09:14 AM #10
Rainmaker
1,001,152
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

Does your office still do weekly tours of houses you have listed?

Jul 22, 2009 08:29 AM #11
Rainmaker
669,831
Martha Brown
Long & Foster Real Estate, Inc., Annapolis MD 21403 - Annapolis, MD
Your Homes Around Annapolis Agent

Ginger- Yes we do. We break it down by area each week and usually have 3-5 on tour and a luncheon at the last one.

Jul 22, 2009 10:24 AM #12
Rainmaker
513,021
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

I remember the 34,000 dollar homes of the past. Heck we're selling some homes here in the 6000.00 range. The rest is well......

Aug 25, 2009 06:06 AM #13
Rainer
123,527
Michael Cole
CPG Tours - Orange, CA

Hi Martha,

Great post. And it does bring back memories. If I had to make a choice, I think I prefer the simplicity of those days. ; )

Dec 14, 2009 03:14 AM #14
Rainmaker
1,001,152
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

WE sure have...got a long way to go still

Mar 09, 2010 03:30 AM #15
Rainmaker
513,021
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

Lets go back to when time was simpler and the problems of today we DONT have.

Apr 19, 2010 12:36 AM #16
Rainmaker
1,001,152
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

I miss those good old days...It really was simpler then..

Sep 13, 2012 02:10 AM #17
Rainmaker
1,998,766
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

We actually are looking at the Death of the Middle Class in our Country right now . Wages are not keeping up(across the board) with rising costs !

Feb 19, 2016 10:36 PM #18
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